MMPH-007 Compensation and Rewards Management Solved Question Paper December 2022
Compensation and Rewards Management
Course Code: MMPH-007
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.
Yes, the IGNOU Solved Previous Year Question Papers provided by reliable sources are generally accurate and adhere to the exam pattern and content.
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.
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.
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.