Exam Details
| Subject | performance management & compensation planning | |
| Paper | ||
| Exam / Course | master of business administration | |
| Department | ||
| Organization | Vardhaman Mahaveer Open University | |
| Position | ||
| Exam Date | December, 2017 | |
| City, State | rajasthan, kota |
Question Paper
MP-403(New)
December Examination 2017
Master of Business Administration II Year Examination
Performance Management and Compensation Planning
Paper MP-403(New)
Time 3 Hours Max. Marks 80
Note: The question paper is divided into three sections B and C. Write answers as per given instructions.
Section A 8 × 2 16
(Very Short Answer Questions)
Note: Answer all questions. As per the nature of the question delimit your answer in one word, one sentence or maximum upto 30 words. Each question carries 2 marks.
Define competency mapping.
Explain performance assessment.
Define job evaluation.
Define core competencies.
Define compensation structure.
503
MP-403(New) 200 3 (P.T.O.)
MP-403(New) 200 3 (Contd.)
503
Define negative reinforcement.
Define incentives and rewards.
(viii) Explain performance related pay (PRP).
Section B 4 × 8 32
(Short Answer Questions)
Note: Answer any four questions. Each answer should not
exceed 200 words. Each question carries 8 marks.
State importance of performance management as a system
and elaborate its relevance to job evaluation.
Explain various methods of competency mapping.
"Appraising performance is easier than appraising potential".
How?
What do you mean by internal equity and external equity in
compensation systems?
Explain MBO. What are its advantages for employer and
employee? Discuss.
What is the importance of job evaluation?. Explain.
What are the consequences of pay dissatisfaction?
What are various methods of performance appraisal? Explain
360 degree appraisal system in detail.
503
MP-403(New) 200 3
Section C 2 × 16 32
(Long Answer Questions)
Note: Answer any two questions. You have to delimit your each
answer maximum upto 500 words. Each question carries
16 marks.
10) Discuss the wage determination process. What are the
behaviour and corporate issues in compensation management.
Explain.
11) "Performance and development planning is a
collaborative process involving both the supervisors and
employees". Explain.
12) "Compensation must fulfill the intrinsic and extrinsic needs of
employee". Discuss.
13) What are the various methods of the compensation facing.
December Examination 2017
Master of Business Administration II Year Examination
Performance Management and Compensation Planning
Paper MP-403(New)
Time 3 Hours Max. Marks 80
Note: The question paper is divided into three sections B and C. Write answers as per given instructions.
Section A 8 × 2 16
(Very Short Answer Questions)
Note: Answer all questions. As per the nature of the question delimit your answer in one word, one sentence or maximum upto 30 words. Each question carries 2 marks.
Define competency mapping.
Explain performance assessment.
Define job evaluation.
Define core competencies.
Define compensation structure.
503
MP-403(New) 200 3 (P.T.O.)
MP-403(New) 200 3 (Contd.)
503
Define negative reinforcement.
Define incentives and rewards.
(viii) Explain performance related pay (PRP).
Section B 4 × 8 32
(Short Answer Questions)
Note: Answer any four questions. Each answer should not
exceed 200 words. Each question carries 8 marks.
State importance of performance management as a system
and elaborate its relevance to job evaluation.
Explain various methods of competency mapping.
"Appraising performance is easier than appraising potential".
How?
What do you mean by internal equity and external equity in
compensation systems?
Explain MBO. What are its advantages for employer and
employee? Discuss.
What is the importance of job evaluation?. Explain.
What are the consequences of pay dissatisfaction?
What are various methods of performance appraisal? Explain
360 degree appraisal system in detail.
503
MP-403(New) 200 3
Section C 2 × 16 32
(Long Answer Questions)
Note: Answer any two questions. You have to delimit your each
answer maximum upto 500 words. Each question carries
16 marks.
10) Discuss the wage determination process. What are the
behaviour and corporate issues in compensation management.
Explain.
11) "Performance and development planning is a
collaborative process involving both the supervisors and
employees". Explain.
12) "Compensation must fulfill the intrinsic and extrinsic needs of
employee". Discuss.
13) What are the various methods of the compensation facing.
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