1. You are required to digest and analyze its content pertaining to the effect of different pay schemes (1. competition 2. Fixed-pay and 3. Piece rate). Your recommendation MUST align with the Theory of Equity and the Theory of Tournament. Remember to cite your sources as appropriate.

1. Choose one company and provide some background of that particular company. The company must have personnel with payroll system. Eg. Petronas, Sime Darby, Takaful Insurance, TNB, KTM etc. (Two pages only-5 points)
2. Choose one pay scheme either (i) Competition (ii) Fixed-pay or (iii) Piece rate and provide justification. Remember to align the pay scheme with the chosen company in paragraph A. above. (One sound justification carries 2 marks-maximum 12 points-Two pages only)
3. Elaborate on the chosen pay scheme with theory i.e. Equity or Tournament Theory.(Two pages only-3 points)
4. Lesson Learned and Conclusion (two pages only-5 points)