This document is an assignment for a management control systems course covering 6 questions: 1. Explain the various elements of control systems in detail. 2. Discuss the application of the BCG Model and General Electric Planning Model for formulating business unit strategies. 3. Explain profit centers and discuss performance management of profit centers. 4. Explain what transfer pricing is and the various methods used for transfer pricing. 5. Discuss performance management and the requirements for a performance management system. 6. Explain the risk characteristics of banks and discuss the role of management control systems in containing risk.

1. MS - 43
Management Programme
ASSIGNMENT
FIRST SEMESTER
2011
MS-43: MANAGEMENT CONTROL SYSTEMS
School of Management Studies
INDIRA GANDHI NATIONAL OPEN UNIVERSITY
MAIDAN GARHI, NEW DELHI – 110 068

2. ASSIGNMENT
Course Code : MS - 43
Course Title : Management Control Systems
Assignment Code : MS-43/SEM - I /2011
Coverage : All Blocks
Note: Assignments Solved by www.distpub.com
1. Explain in detail the various elements of control systems.
2. Discuss the application of BCG Model and General Electric Planning Model for
formulating business unit strategies.
3. Explain the concept of profit centres and discuss about the performance management of
profit centres.
4. What is transfer pricing? Explain the various methods used for transfer pricing.
5. Discuss performance management and explain the requirements for a performance
management system. ‘
6. Explain the risk characteristics of banks and discuss the role of management control
systems in containing risk.