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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
The following are the different elements of personnel planning: • Estimating manpower requirements quantitatively and qualitatively. • Recruitment and selection of persons.
Critically discuss its recruitment and selection in relation to strategic human resource initiatives. Make relevant recommendations as to how it could improve this process
Question 1: (i) Elaborate on the various types of conflicts that might arise in organisations. (ii) Conflicts are always detrimental to the organisation. Discuss. Que
Q. What are the Forms of Misconduct? Forms of Misconduct: Misconduct is a serious form of the indiscipline against the management. The scope of Misconduct can be extended to th
Question 1: (a) How is the term ‘development' different from ‘training'? (b) Briefly describe the different training methods that can be used while conducting training.
Develop a major handout on the key principles of instructional leadership with a clear explanation why each focus area was chosen and an annotated bibliography on each major princi
As outlined in the report dated 27 th January 2009 (available on blackboard), Caerphilly County Borough Council are considering outsourcing their HR (human resource), payroll and
Question 1: ‘During the 1920's, ROI was the emerging tool to place a value on the payoff investment. In recent years, the application of the concept has been expanded to all t
how does people resourcing become a war of challenge in an organisation?
Preparation of the learner: These steps consist: 1 in putting the learner at ease so that he does not feel nervous because of the fact he is on a new job. 2 in starting the
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