MMPH-007 · December 2022 · English

IGNOU MMPH-007 December 2022 Previous Year Question Paper

COMPENSATION AND REWARDS MANAGEMENT

Structured previous year question paper for MMPH-007, December 2022 session.

Max marks: 100 · Questions: 7

Verified: 11 Sept 2026

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.

Q1.Delineate the major functions of the compensation programme. What is the overall objective of a compensation policy ?

Q2.Compare and contrast any three wage theories.

Q3.Explain the economic, sociological, political, psychological and ethical aspec ts related to wage fixation.

Q4.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

Q5.What are the different methods for conducting wage surveys ? Explain any two.

Q6.What is the difference between a pay commission and a wage board ? Discuss the relative merits and demerits of different methods of wage determination.

Q7.Enlist various types of allowances that are drawn by employees. Cite suitable examples.

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