Management Control Systems Theory and Cases

This book is designed to allow all management students to gain knowledge, insight, and analytical skills related to how an organization’s senior executives design and implement the management control systems that are used to plan and control the firm’s performance. Thorough understanding of elements of management control systems such as strategic planning; budgeting; resource allocation; performance measurement, evaluation, and reward mechanism; and transfer pricing etc. is must for a professional manger. Every effort has been made to incorporate sufficient discussion of these and many more allied topics in this book. Table of Contents: 1) Control-Function and Management 2) Management Control Systems 3) Nature, Evolution and Scope of Management Control System 4) Strategic Choices and Management Control System 5) Design and Evaluation of Management Control System 6) Responsibility Centers 7) Performance Analysis Tools 8) Balance Scorecard 9) Compensation Rewards and Management Control 10) Management Control System in Service Organization 11) Management Control in Functional Areas of Business 12) Numerical Case Studies with Solutions, Theoretical Cass Studies, Question Bank.