This document provides information about getting fully solved MBA assignments. It instructs students to send their semester and specialization details to an email address or call a phone number to receive solved assignments. It then provides a sample assignment on the topic of management control systems. The assignment contains 8 questions related to management control concepts like formal control processes, task vs management control, the impact of the internet, management audits, withholding taxes, the nature of management control systems, and differences between revenue and expense responsibility centers.

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INDIAN SCHOOL OF BUSINESS
MANAGEMENT & ADMINISTRATION
AN ISO 9001 : 2008 CERTIFIED INSTITUTION
SUBJECT:- Management Control System
MARKS :80
Course : MBA-4 Sem (Masters In Business Administration Dual
Name :
Answer the question in one line.
Q1. In the Business Environment context, explain how the Political and legal Environment of
business plays a vital role. Justifyby bringing in suitable examples (10 marks)
Answer:
Q2. Give Formal Control process block diagram (10 marks)
Answer:A block diagram is a diagram of a system in which the principal parts or functions are
representedbyblocksconnectedbylinesthatshow the relationshipsof the blocks. They are heavily
used in engineering in hardware design, electronic design, software design, and process flow
diagrams.
Block diagrams are typically used for higher level, less detailed descriptions that are intended to
clarify overall concepts without concern

2. Q3. Distinguish between task control and management control. (10 marks)
Answer:Management control is a systematic effort by business management to compare
performance to predetermined standards, plans, or objectives.Task control is the management of
tasks.
Distinctions:
Management control is similar throughout the organization.
Task control varies throughout the organization.
In management control, managers interact with other managers.
In task control, no interaction between managers occurs, but there may be interaction between a
manager and a non-manager.
Q4. Give impact of Internet on Management Control. (10 marks)
Answer:The rapidgrowthof end-usercomputing,low-cost communications, and network software
now exert a powerful influence on how businesses organize and communicate. The trend toward
lean organizations–empowered, multi-function work teams–and their need to communicate
information quickly "any time, any place" embodies the emergence of geographically dispersed
electronic groups. This new pattern of organizational structure and the parallel developments of
group information technologies converge into a new working environment called the networked
society.
These information-based organization shifts are enabled by collaborative technology popularly
described as groupware. However, although
Q5. Explain Management Audit (10 marks)
Answer:Management Audit' is a systematic examination of decisions and actions of the
management to analyse the performance. Management audit involves the review of managerial
aspectslike organizational objective,policies, procedures, structure, control and system in order to
checkthe efficiencyorperformance of the management over the activities of the Company. Unlike
financial audit,managementaudit mainly examine the non financial data to audit the efficiency of
the management.Somehowaudittriestosearchthe answerof how well the management has been
operating the business of the company? Is managerial style well suited for business operation?
Management Audit focuses on results, evaluating
Q6. Write a note on withholding Tax. (10 marks)
Answer:A withholdingtax,alsocalledaretentiontax,isagovernment requirement for the payer of
an itemof income to withholdordeducttax fromthe payment,andpay thattax to the government.
In mostjurisdictions,withholdingtax appliestoemploymentincome.Manyjurisdictionsalsorequire
withholding tax on payments of

3. Q7. Discuss the nature of management control systems (10 marks)
Answer:Anorganisationisasystemof interrelatedpartsworking in conjunction with each other for
accomplishingitsgoalsandthose of the people involved in it. Management is the process whereby
the resourcesof man,machine and material are integratedtoaccomplishthese goals.Therefore,the
role of management is to plan, organize,
Q8. Difference between Responsibility Centers: Revenue and Expense Centers (10 marks)
Answer: Responsibility centers are identifiable segments within a company for which individual
managers have accepted authority and accountability. Responsibility centers define exactly what
assets and activities each manager is responsible for.
How to classifyanygivendepartmentdependsonwhichaspectsof the businessthe department has
authority over.
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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or
Call us at : 08263069601
(Prefer mailing. Call in emergency )