MP-403
June Examination 2016
Master of Business Administration II Year Examination
Performance Management and Compensation Planning
Paper MP-403
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: Attempt all questions within 30 words each.
Define performance planning
Explain performance coaching and counselling.
Discuss importance of mentoring in performance management.
Why is self assessment important?
Explain performance related pay with example.
Can performance management be a source of change?
Define 360° appraisal systems.
(viii) Good performance require role clarity.
503
MP-403 100 3 (P.T.O.)
MP-403 100 3 (Contd.)
503
Section B 4 × 8 32
(Short Answer Questions)
Note: Attempt any four questions in 200 words each.
'The balanced score card focuses on the measures that drive
the employee performance'. Discuss.
Explain advantages of assessment centres.
Explain factors effecting compensation management.
Explain various monetary and non-monetary compensation
system.
Explain OB modification and its importance.
Explain various performance and non performance related
rewards.
Explain recent practices of compensation.
Explain various performance related strategies.
10) What is the significance of potential appraisal? How potential
appraisal is related to performance appraisal?
MP-403 100 3
503
Section C 2 × 16 32
(Long Answer Questions)
Note: Answer any two questions in 500 words each.
10) Explain 360° appraisal, rationale behind such appraisal
method. Explain its process.
11) 'Knowledge of the importance of compensation management
makes you a hard core human resource manager'.
Explain with the objectives and criteria of compensation
management.
12) Performance and development planning is a collaborative
process involving both supervisor and employee. Elucidate.
13) Explain the process of performance management system.