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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
RECORDING LOANS : All loans of stock, both apparatus and books, should be recorded in writing, no matter what time-scale is involved. In the case of apparatus and equipment, you n
Question 1: (a) Explain Training and Development. (b) Highlight the significance of a Training and Development Department in any organization. (c) Describe the areas of t
Karen Lavale, the Human Resource Manager of Mika Ltd, recently called a meeting with Vik Shah, the Marketing Manager, in view of clarifying some issues which she deemed important.
Trade unions advantage The advantages include: they make negotiations easier because it would be costly to negotiate with individual workers. they make enforcing disc
values,attitudes,motivation,perception and laerning explain aech one in one sentence
what are the important principles that have to be observed in the maintenance of discipline?
Sampling Methods: It is not always feasible or necessary to contact everyone in a population. Instead, a sample can be used, from which to generalise to the population as a wh
employment relationship - matching process
Q. Show Factors which affecting performance appraisal ? 1. Organizational leadership: the leadership at the top to determine to a large extent the loyalty and commitment of the
Human Resource Development (HRD) is another important tool used by SHRM to develop individuals who are capable of filling key positions in the future. Also, HRD is contributing in
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