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 |
| University | IGNOU |
| Service Type | Solved Question Paper (Soft copy/PDF) |
| Course | MBA NEW |
| Language | English |
| Semester | |
| Year | December 2022 |
| Course Code | MMPH-007 |
| Product | Solved Question Paper (IGNOU) |
MASTER OF BUSINESS ADMINISTRATION
(MBA)
Term-End Examination
December, 2022
MMPH-007 : COMPENSATION AND REWARDS
MANAGEMENT
Time : 3 hours Maximum Marks : 100
(Weightage : 70%)
Note : Attempt any five questions. All questions carry 20
marks.
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
fixation.
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
determination.
7. Enlist various types of allowances that are drawn
by employees. Cite suitable examples.
FAQs
How can solving previous year question papers improve my exam performance?
Solving previous year question papers helps you become familiar with the exam format, identify important topics, and develop effective time management and problem-solving skills, leading to improved performance.
Can I solely rely on previous year question papers for exam preparation?
While previous year question papers are an essential part of exam preparation, it is advisable to supplement them with comprehensive study materials, textbooks, and practice tests for a well-rounded approach.
Can solving previous year question papers guarantee a good score?
Solving previous year question papers enhances your preparation and boosts confidence, but the final score depends on various factors, including consistent studying, understanding concepts, and effective exam strategy.
