Determine the existence of goal congruence in organizations
Evaluate the effects formal and informal structure in the control system
Describe the controller functioIdentify the different responsibility centers and distinguish each
Assess the relationship between strategy and the chosen control structure
Develop the various metrics for which the RCs are accountable for
Calculate transfer prices and other financial metrics
Determine the effects of the financial and nonfinancial performance metrics on the human behavior in organization
Assess whether the performance measures chosen are the best that would aid in the effective and efficient implementation of strategy
Diagnose the linkage between the different components of the company’s MCS.
Determine the incentive and compensation packages that reward and do not reward behavior of organizational members
Distinguish between short and long-term incentive and compensation packages
Assess how MCS functions in a service organization
Appreciate the impact of goal congruence on organizational performance
Be aware that different relationship structure impacts on the control system
Focus on the various types of responsibility centers, the techniques that are important for their control and the metrics required for the evaluation of the performance of managers
Identify the components of the management control environment and process
Describe the features of the component of the MCS
Explain the relationships of each component and the roles they play in effective and efficient implementation of strategy
Describe typical strategies that organization may adopt
Assess the influence that strategy has on the design of the MCS
Understand the following:
1.) &nbs ...