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MP-403 (New)

June - Examination 2016

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 A, 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.

1) (i) Define performance planning

(ii) Explain performance coaching and counselling.

(iii) Discuss importance of mentoring in performance management.

(iv) Why is self assessment important?

(v) Explain performance related pay with example.

(vi) Can performance management be a source of change?

(vii) Define 360° appraisal systems.

(viii) Good performance require role clarity.

503

MP-403 (New) / 100 / 3 (1) (P.T.O.)

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MP-403 (New) / 100 / 3 (2) (Contd.) 503

Section - B 4

×

8 = 32 (Short Answer Questions)

Note: Attempt any four questions in 200 words each.

2) ‘The balanced score card focuses on the measures that drive the employee performance’. Discuss.

3) Explain advantages of assessment centres.

4) Explain factors effecting compensation management.

5) Explain various monetary and non-monetary compensation system.

6) Explain OB modification and its importance.

7) Explain various performance and non performance related rewards.

8) Explain recent practices of compensation.

9) Explain various performance related strategies.

10) What is the significance of potential appraisal? How potential appraisal is related to performance appraisal?

(3)

MP-403 (New) / 100 / 3 (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.

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