STRATEGIC MANAGEMENT CONTROL SYSTEM (4 Credits)

 Learning Outcomes:

On successful completion of this course, student will be able to: Define role of management in strategic management control systems; Analyse management control alternatives with their effects; Solve performance measurement issues and their effects; Explain the associated management control system issues e.g. corporate governance, environmental uncertainty, organizational strategy.

Topics:

1. The Nature of Strategic Management Control System;
2. Strategies and Results Control;
3. Behavior in Organizations;
4. Responsibility Centers;
5. Building a Balanced Scorecard;
6. Transfer Pricing;
7. Measuring and Controlling Assets Employed;
8. Strategic Planning;
9. Management Compensation;
10. Using Diagnostic and Interactive Control Systems;
11. Planning & Budgeting;
12. Analyzing Financial Performance;
13. Performance Measurement;
14. Service Organizations;
15. Corporate Governance;
16. Management Control of Projects and The Effects of Environmental Uncertainty.