IGNOU MMPF-003 June 2025 Previous Year Question Paper

Q1.Explain the concept of strategy and describe the BCG Model and General Electric (GE) planning model. Discuss their usefulness in formulating business unit level strategies.

Q2.Describe the important attributes of Management Control System s and discuss the cybernetic paradigm of designing control systems.

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

Q4.Explain the concept of Profit Centres.

Q5.Describe and distinguish between Genuine and Artificial Profit C entres. Why are artificial profit centres established ? [ 3 ]

Q6.What do you understand by Performance Measurement ? Describe the framewor k for performance measurement system and explain the type s of metrics used for performance measurement.

Q7.Explain the following :

(a) Business Process Reengineering

(b) Value Added Analysis

Q8.Briefly describe the unique characteristics of financial ser vice organizations. Explain in detail the various variables of banking system which affect the management control system of a bank. [ 4 ]

Q9.Broadly classify the activit ies of development organizations. Explain in detail the main elements of Management Control S ystem for development organization.