MANAGEMENT CONTROL SYSTEM
The book discusses the concepts and facets of the design of control systems. As an inter-disciplinary approach, it draws relevant concepts and techniques from Management Science, Information System, Behavioural Science, Economics, Accounting, Mathematics, etc. Divided in to five units,
Unit I introduces the concepts of planning and control in the process of management. Unit II discusses the significance of information system in designing Management Control Systems. Unit III explains the tools and techniques of financial Control System. Unit IV discusses the conceptual foundations of Control phenomena and their applications to specific contexts such as service and non-profit institutions, monitoring of Projects besides control in functional areas of business and management. Unit V presents the relevant mathematical models such PERT/CPM/Net Work Analysis for Management Control.
| Book Content of Management Control Systems (Principles and Practice) | |
| UNIT-I INTRODUCTION TO MANAGEMENT CONTROL SYSTEMS 1. Overview of Management 2. The Control Function 3. The Nature of Management Control 4. Principles of Management Control 5. Strategic Planning, Management Control & Operational Control 6. Management Control Systems UNIT-II SYSTEMS THEORY AND MANAGEMENT CONTROL 7. Systems Theory and Management 8. Information Theory 9. Installation of Management Information And Control System 10. Structure and Unstructured Decision : Implication for Control 11. Management Behaviour and Control Process 12. MBO and Management Control UNIT-III FINANCIAL CONTROLS 13. Financial Ratio Analysis 14. Cash Funds Flow Statement 15. Working Capital Funds Flow Statement 16. Break Even Analysis 17. Budgetary Control and Variance Analysis 18. Standard Costing and Variance Analysis 19. Responsibility Centers and Divisional Control 20. Transfer Pricing and Management Control 21. Proprietary Audit and Management Audit UNIT-IV MANAGEMENT CONTROLS IN FUNCTIONAL AREAS 22. Production Control 23. Inventory Control 24. Marketing Control 25. Distribution Control 26. Control in Personnel Area 27. Computer Systems : Decision Support Systems 28. Management Control in Service and Non Profit Organisations 29. Management Control of Projects UNIT-V MATHEMATICAL MODELS FOR MANAGEMENT CONTROLS 30. Mathematical Models : O.R. and L.P. 31. Network Techniques : PERT & CPM 32. Queuing Theory, Game Theory and Simulation 33. Hierarchical Systems and Expert Systems Appendix Suggested Readings |
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