IGNOU MMPF-003 December 2023 Previous Year Question Paper

Q1.Explain the concept of strategy. Describe the BCG Model and General Electric (GE) planning model and discuss their usefulness in formulating business unit level strategies. [ 2 ]

Q2.Why are behavioural dimensions important in Management Control Systems ? Discuss the application of Theories X, Y and Z in ensuring Goal Congruence.

Q3.Explain the concept of Responsibility Accounting and describe its benefits. What purpose does it serve ?

Q4.Explain the concept of Profit Centres. Discuss the rationale for profit decentralisation.

Q5.What is Arm’s Length Principle ? Discuss the application of arm’s length principle and describe the Comparable Uncontrolled Price (CUP) method.

Q6.What do you understand by performance measurement ? Discuss the framework for performance measurement and describe the metrics used for performance measurement.

Q7.Explain the following :

(i) Business Process Reengineering (ERP)

(ii) Programme and Performance Budgeting

Q8.Explain the risk characteristics of a bank and describe the role of management control systems in containing these risks.