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Compensation Management ARAVIND – 09901366442 – 09902787224

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Need Answer Sheet of this Question paper, contact aravind.banakar@gmail.com www.mbacasestudyanswers.com ARAVIND – 09901366442 – 09902787224 Compensation Management Multiple Choices 1. A ________ is a hierarchy of jobs to which wage rates have been attached. a. Wage Level b. Wage Structure c. Wage Index d. Wage Policy 2. It is the wage which is above the minimum wage but below the living wage. a. Basic wage b. Overtime c. Fair wage d. Compensation 3. It is the process of minimizing the physical and perceptual loads imposed on people engaged in any type of work. a. Motion Economy b. Human Engineering c. Value Analysis d. Task Identity 4. It is the method which lists frequency of critical behaviors in an employee. a. Performance Appraisal b. Performance Matrix c. 360 degree feedback d. Management by Objectives 5. A map to illustrate behavioral parameters requires in competent performance is: a. Competency Mapping b....