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Question 1:
i) Using the marginal revenue productivity (MRP) theory explain how wages are determined under both perfect and imperfect competition?
ii) Consider a firm is a monopsonist in the labour market it hires. Its MRP of labour is 14 - L and the wage rate is W = 2 + L. How much labour the firm will hire and what wage rate it will pay?
Question 2:
"Profit-maximizing firms lack incentive to provide job safety, and consequently, the government must intervene legislatively to protect workers against the unsafe working conditions that will surely result." Determine this statement.
Question 3:
"Trade unions tie the hands of management and inhibit efficient decision making." How far do you agree?
Question 4:
Write short notes on any three of the following. (Each part carries equal marks). i) Female participation rates ii) Determinants of demand for labour iii) Occupational licensure iv) Effects of minimum wage law on a competitive labour market
how to select candidate refer with islamic principles
Q. Show Basic Objectives of the human resource development ? Objectives of the human resource development: the prime objective of the human resource development is to facilit
Discuss contributions made by F W Taylor in management of business organizations.
Suitability of the group incentive schemes: 1. Where it is not possible to measure the performance of each individual worker. 2. Where the number of workers making a group i
all
Question Read the following carefully and answer all the questions that follow Mr. John Blunket has been working for nearly a year in the Accounts Department of a large pha
You're the HR manager for Southern Bend Inc., a company that provides technology services for public, private, and non-profit organizations. You come into the office and find an em
Question: (a) Why an Integrated Data Model is considered the heart of an ERP system? (b) ERP solutions have flawlessly displayed the integration of various business processe
Question 1: (a) Define ‘Job Evaluation' and what are its pros and cons (b) Explain the following Job Evaluation schemes: (i) Job Ranking (ii) Point-Factor Rating (i
Please explain what cascading framework is?
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