Management Control Syaytem for Ipl

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  • Topic: Indian Premier League, Chennai Super Kings, Kolkata Knight Riders
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  • Published : March 28, 2011
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MANAGEMENT CONTROL SYSTEM BY BCCI
For
IPL

In partial fulfillment for the requirement of “Management Financial System” course in two years full time Masters of Business Administration (MBA) programmed of Gujarat Technological University (GTU) Prepared By:

Jatin patel [09059] Vineet Modi [09042] Sheenam Gupta [09025] Pranav Shah [09087] Harsh Rajwani [09075] Submitted to:

Prof. Viral Pandya
25th March – 2011

N.R. Institute of Business Management,
GLS Campus,
Ahmedabad – 380006

PREFACE
A Management Control Systems (MCS) is a system which gathers and uses information to evaluate the performance of different organizational resources like human, physical, financial and also the organization as a whole considering the organizational strategies. Finally, MCS influences the behavior of organizational resources to implement organizational strategies. MCS might be formal or informal We have chosen to make a report on the Management Control System that is used by BCCI i.e. Board of Control for Cricket in India in conducting the international event IPL i.e. Indian Premiere League. BCCI i.e. The Board of Control for Cricket in India (BCCI), headquartered at Mumbai, is the national governing body for all cricket in India. It's not the apex governing body in India. The project includes study of various issues that have to be taken care of while managing an international event like IPL. It is very necessary to scrutinize various elements like the organizational structure, financial issues, marketing issues, legal issues etc. It is necessary to create both formal and informal control system. This project gave us a chance to study and understand the kind of Management Control System that would be needed to manage this event.

ACKNOWLEDGEMENT
It is one thing to undertake a project and another to successfully complete it. This report would not have been possible without the contribution of few important people. First, we would like to thank, Prof. Viral Pandya who ensured that our inexperience didn't come in our way of completing the project. We wish to express our sincere gratitude to our guide for enlightening us in areas we were less aware of and making this project report completion possible. At the end we would like to thank the MBA programme Director, Prof. Dr. Hitesh Ruparel for giving us this opportunity to undertake a project in the field of finance. We shall remain indebted to them.

Table of content
Chapter No.| Topic| Page No.|
1| INTRODUCTION (BCCI & IPL)| 1|
2| FORMAT| 3|
3| SQUADS| 4|
4| TEAMS AND STANDINGS| 5|
5| SCHEDULE| 7|
6| CONTROVERSIES | 10|
7| SPONSORSHIP | 13|
8| REVENUE AND PROFIT| 13|
9| MOBILE APPLICATION & OFFICAL SITE| 14|
10| RULES| 15|
11| KEY ISSUES| 18|
12| CONTROL SYSTEM| 23|

BCCI
The Board of Control for Cricket in India (BCCI), headquartered at Mumbai, is the national governing body for all cricket matches in India. It's not the apex governing body in India. The board was formed in December 1928 as BCCI replaced Calcutta Cricket Club. BCCI is a society, registered under the Tamil Nadu Societies Registration Act. It often uses government-owned stadiums across the country at a nominal annual rent. It is a "private club consortium". Basically to become a member of a state-level association, one needs to be introduced by another member and also pay an annual fee. The state-level clubs select their representatives (secretaries) who in turn select the BCCI officials. BCCI are not required to make their balance sheets public. In the past, tax exemptions were granted to BCCI on the grounds as promoting cricket was a charitable activity but for the last three years the IPL has questioned this. As a...
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