Explaining concept of management control systems


1) Explain the concept of Zero Base Budgeting. How are these prepared?

2) Describe JIT and explain in detail, different elements of JIT. Is JIT solely implementable? Give suitable reasons.

3) Explain the concept of Management Control Systems?

4) What are the kinds of Responsibility centers? Describe in detail. Use suitable example to clarify.

5) What do you mean by Transfer Pricing? Also explain its methods and importance.

6) Write detailed notes on:

(a) TQM and its significance to developing countries’ scenario.

(b) Performance analysis and Measurement techniques.

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