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MANAGEMENT CONTROL SYSTEM
1.
Describe the need for MIS in a business organization
focusing on Management Control System. Also explain the important
considerations in designing Management Information System (MlS) for the purpose
of Management Control.
2. Explain the following ( Any SIX)
Management by Objectives (MBO)
Concept of Six Sigma
Flexible Budgeting
Balance Score Card
Elements of a Control System
R O I Approach
3. Explain how by designing an
appropriate Management Control System, the different types of risks faced by
the banks can be tackled
4. What are different functions involved in the control of an
Organization. Explain them?
5. Consider a Retail Outlet. What should be the objectives of
Management Control system for the retail outlet? Examples would strengthen your
views.
6. Under Operations, What are the key principles of its Control and Management?
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