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MARATHA MANDIR'SMARATHA MANDIR'S

BABASAHEB GAWDE INSTITUTE OF MANAGEMENT STUDIESBABASAHEB GAWDE INSTITUTE OF MANAGEMENT STUDIES

MANAGEMENT CONTROL SYSTEM

Presented to : Prof. M.A.Ganachari

Roll Number NameA-18 Jagruti Kharat

A-19 Nikhil Kumhar

A-!1 "ohan Malusare

A-!# Affaan $haikh

Presented % :

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& 'hat is M($

& )rame*ork of M($

i. $trategic controlii. Management (ontrol

iii.+,eration (ontrol

.1 riefl% descrie o/erall frame*ork of

management control.0o* does it relate to strategic

,lanning and +,erations (ontrol

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& $2- $trategic usiness 2nit

& (riteria& Ad/antages

& 3isad/antages

.! 'hat is $2'hat are conditions re4uired for

creating $2.0o* is the ,erformance of $2

measured'hat are the Ad/antages and3isad/antages of creating $2

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& 5ero ased udgeting

& )ree (ash )lo*

& )inancial Audit

& 6nternal Audit

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alance scorecard

& 7he alanced scorecard is a strategic ,lanning and management s%stem that

is used etensi/el% in usiness and industr% go/ernment and non,rofit

organiations *orld*ide to align usiness acti/ities to the /ision and

strateg% of the organiation im,ro/e internal and eternal

communications and monitor organiation ,erformance against strategic

goals.

& 6t *as originated % 3rs. "oert Ka,lan ;0ar/ard usiness $chool< and

3a/id Norton as a ,erformance measurement frame*ork that added

strategic non-financial ,erformance to gi/e managers and eecuti/es amore =alanced= /ie* of organiational ,erformance.

http://balancedscorecard.org/BSCResources/StrategicPlanningBasics/tabid/459/Default.aspxhttp://balancedscorecard.org/BSCResources/StrategicPlanningBasics/tabid/459/Default.aspx

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0o* can alance score card can e im,lemented in a

organiation

& 7he learning gro*th ,ers,ecti/e

& 7he usiness ,rocess ,ers,ecti/e

& 7he customer ,ers,ecti/e& 7he financial ,ers,ecti/e

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(ase stud%-

irch ,a,er com,an%

>a medium-sied /erticall% integrated ,a,er com,an%,roducing *hite and Kraft ,a,ers and ,a,eroard

>has four ,roducing di/isions and a timerlanddi/ision *hich su,,lied ,art of the com,an%?s ,ul,re4uirements

>@6f 6 *ere to ,rice these oes an% lo*er than B8C agrossD said James runner manager of irch Pa,er(om,an%?s 7hom,son 3i/ision @6?d e

countermanding m% order of last month for our salesforce to sto, sha/ing their ids and to id full cost4uotations.

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$ituation

& Northern and 7hom,son di/ision together designed o for northern

di/ision

& 7hom,son di/ision *as reimursed % northern di/ision for its designing

and de/elo,ment

& After finaliing a,art from t*o outside com,anies& (om,an% ,olic% *here each di/ision manager had full freedom and

discretion to u% from an%*here

& 7hom,sons most materials from *ithin com,an% ut sales mostl% to

outsiders

& 6f 7hom,son gets id materials to e ,rocured from southern di/ision

& #CE of out of ,ocket of BCC *ere of ao/e materials

& 7his continued FCE of selling ,rice

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ids ;1CCC