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Master of Business Administration- MBA Semester 4 MU0015 Compensation Benefits - 4 Credits (Book ID: B1336) Assignment (60 Marks)

) Note: Each question carries 10 marks. Answer all the questions. Q1. Discuss the elements of compensation package. Q2. List and explain various economic theories of wages. Q3. What is pay structure? Explain why it is necessary to develop a proper pay structure. Explain the method to develop pay structure. Q4. Explain the components of wages. Q5. Describe Cost-to-Company and its components. Q6. What is Executive Compensation? Mention the different components of executive compensation.

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