MMPH-007 Compensation and Rewards Management Solved Question Paper December 2022
Compensation and Rewards Management
Course Code: MMPH-007
|Title Name||MMPH-007 Solved Question Paper December 2022|
|Service Type||Solved Question Paper (Soft copy/PDF)|
|Product||Solved Question Paper (IGNOU)|
MASTER OF BUSINESS ADMINISTRATION
MMPH-007 : COMPENSATION AND REWARDS
Time : 3 hours Maximum Marks : 100
(Weightage : 70%)
Note : Attempt any five questions. All questions carry 20
1. Delineate the major functions of the
compensation programme. What is the overall
objective of a compensation policy ?
2. Compare and contrast any three wage theories.
3. Explain the economic, sociological, political,
psychological and ethical aspects related to wage
4. Write short notes on any three of the following :
(a) Time-Span of Discretion Method
(b) Decision Band Method
(c) Job Assessment
(d) Point Rating Method
5. What are the different methods for conducting
wage surveys ? Explain any two.
6. What is the difference between a pay commission
and a wage board ? Discuss the relative merits
and demerits of different methods of wage
7. Enlist various types of allowances that are drawn
by employees. Cite suitable examples.