IGNOU MMPF-003 June 2026 Previous Year Question Paper

Q1.Explain the concept of strategy and describe the steps involved in strategy planning.

Q2.Discuss design consideration of Management Information System (MIS).

Q3.Explain the behavioral aspects of management control system.

Q4.What is a responsibility centre and why are responsibility centre established ?

Q5.Briefly explain each types of responsibility centre.

Q6.What is an Investment Centre ? Why are they establishe d ? Describe the measures used for determining performance of investment centre and discuss their relative merits and demerits.

Q7.What is Arm’s Length Principle ? Explain the Comparable Uncontrolled Price (CUP) method and resale price method used for determining transfer price.

Q8.Explain the following :

(i) The G. E. measurement project

(ii) Balanced score card

Q9.Explain the characteristics of service organizations. Describe the risk characteristics of banks and discuss the role of management control sy stems in containing these risks. [ 4 ]

Q10.Briefly classify the activities of development organization. Explain in detail the main elements of management control system for development organizations.