MMPH-007 · June 2025 · English

IGNOU MMPH-007 June 2025 Previous Year Question Paper

COMPENSATION AND REWARDS MANAGEMENT

Structured previous year question paper for MMPH-007, June 2025 session.

Max marks: 100 · Questions: 8

Verified: 11 Sept 2026

MASTER OF BUSINESS

ADMINISTRATION (MBA)

Term-End Examination

June, 2025

MMPH-007 : COMPENSATION AND

REWARDS MANAGEMENT

Time : 3 Hours Maximum Marks : 100

(Weightage : 70%)

Note :

(i) Attempt any five questions.

(ii) All questions carry equal marks.

Q1.Give an overview of the International trends in compensation and rewards management. [ 2 ]

Q2.Elaborate the major functions of the compensation programme . What are the objectives of a compensation policy ?

Q3.What are the different factors which influence wage fixation ? Explain the ethical aspects of wage determinations.

Q4.Write notes on the following :

(a) Living wage

(b) Fair wage

Q5.“Wage surveys are essential part in pay fixation.” Explain with the help of examples.

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.Write notes on the following :

(a) Profit sharing

(b) Stock options

Q8.Why VRS is considered a soft option ? How does it help overcome the legal hurdles in downsizing employee strength ? Discuss how can a company go about VRS.

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