Describe the role of management control systems

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Assignment

1 Describe the categorization of performance measures by comparator, and make practical examples for each measurement category (max 2 pages).

2 Describe the role of management control systems in creating competitive advantage (max 2 pages).

3 Comment Simon's view of fact and value in decision-making (max 2 pages).

4 Fred argues: "The standards that I like most are the ones that eliminate all management discretion in reporting - that way I get uniform numbers across all companies and don't have to worry about doing accounting analysis." Do you agree? Why or why not? (max 2 pages)

5 Using the standardized income statement, balance sheet, and cash flow sheet formats, recast Vodafone's or Unilever's financial statements (refer to the templates shown in tables 3.1, 3.2, 3.3, 3.4, and 3.5 of the textbook; Vodafone's and Unilever's financial statements are attached).

6 Answer question n. 1 on Lufthansa in Palepu's Chapter 4.

7 Answer question n. 2 on Rolls-Royce in Palepu's Chapter 4.

8 Answer question n. 8 on Philips Electronics in Palepu's Chapter 4.

9 Answer question n. 13 on Deutsche Telekom in Palepu's Chapter 4.

10 Answer questions in Problem 2 (3rd edition) or Problem 1 (4th edition) "Impairment of non-current assets" in Palepu's Chapter 4.

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Reference no: EM131782807

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