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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
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Explain the diversity practices of unions. Why is it important for unions to encourage/support diversity initiatives? Discuss the importance of safety training in the workplace.
examine the general overview of jp morgan''s hiring Chinese princelings becomes a royal pain.
Question: Many organisations have explored and implemented new patterns of work in order to give themselves with more flexibility at lower cost. Briefly explain and evaluate th
Q. Show Principal of participative decision making? Principal of participative decision making: Human resource development systems should facilitate participative decision ma
human resource management approaches to recruitment & selection
Question 1 Explain the evolution of performance management. What are the aims of performance management? Question 2 Define motivation. Explain McGregor's theory X and theo
High performance work design: it is a means of improving performance in an environment where positive and demanding goals are set. It starts from the principles of autonomous group
Q. What do you mean by Interpreter? Interpreter: he may be needed when the work man is not familiar with the language of the enquiry officer. The enquiry officer should record
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