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MS-43 Solved Assignment

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  • Version: 2018 Jan - June

Soft Copy: Yes
Downloadable File: Yes
University: IGNOU
Course: Master of Business Administration

Q&A of Mba MS-43 Solved Assignment 2018 - Management Control Systems

Q. Explain the concept of Strategy? Describe the different Models that help in formulating business unit strategies.

Q. Explain the ARM's length principle and discuss its application.

Q. Discuss in detail the three organisational Incentives systems viz the Scanlon plan, the Kaiser-United Steel Workers plan and profit sharing and explain their applicability.
Answer. .......

Q. Select any Bank/ Insurance company of your choice and discuss the management control system, that is prevalent, in that Institution.

Q. Study the ‘Christian Medical College and Hospital, Vellore’ case and answer the questions given at the end of the case.

Product Details: MS-43 Solved Assignment 2018 - Management Control Systems

Course: Ignou MBA (Master of Business Administration)
Session: Jan - June 2018

Old Sample Answers of Mba Ignou MS-43 Assignments

Q. What is Total Quality Management?
Answer. Quality is a difficult term to define because it means different things to different people. A narrow viewpoint, typically used by traditional manufacturers, is to define quality as meeting specified target quality standards....... This would mean producing a product within specified tolerances set by engineers and not exceeding the specified acceptable defect rate. However, today's definition of quality takes a much broader view: quality is defined as meeting or exceeding customer expectations...........

Total quality management represents an organizational commitment toward processes and products at the highest level of quality........ Quality has both internal and external components, from the capacity to produce products efficiently with well-designed processes, to products which meet or exceed customer needs........ Costs of quality include appraisal costs, prevention costs, internal failure costs, and external failure costs (the former two are an attempt to avoid/mitigate the latter two). Get Ignou Mba Solved MS-43 Assignment 2018 Jan - June..........

Total Quality Management (TQM) is a tool for change that uses small incremental changes. Personnel often react favorably to TQM as they offer bigger empowerment to an individual. TQM offers greater personnel control and ownership. This leads the employees to take change is viewed as less of a threat. Many companies implementing Six-Sigma has taken a TQM approach........

An important aspect of quality management in JIT is preventive maintenance. Not only do machines rarely break down at convenient times but breakdowns are costly in terms of lost production, unmet deadlines, disruption of work schedules, and unhappy customers—all considered wastes in JIT......... To avoid unexpected machine stoppages, a company invests in preventive maintenance, which is regular inspections and maintenance designed to keep machines operational. Although preventive maintenance is costly, the costs are significantly smaller than the cost of an unexpected machine breakdown.........

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