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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
Final Dissertation: Before writing the dissertation, take some time to plan its overall structure. Draft the executive summary to get an overview (you can always come back to
define the following concepts giving examples. a) Preparation b)Recruitment c)Assessing d)Placement e)On-boarding
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Q. Manpower inventory of human resource planning? The quantity and quality of the human resources should be stressed in a balanced manner. The emphasis should be on filling fut
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explain the values of human resources management such efficiency, competitiveness,caring, rights and justice
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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
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Explain human resource planning? Meaning and definition: human resource planning or man power planning is essentially the process of getting the right number of qualified peopl
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