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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
Q. Explain standard hour system? Under the former, the earning of the worker are in proportion to his or her output, as in the straight piece work, but the increment in earning
Ask queExecutive Interview Learners gain insight into effective HRM by interviewing a practicing executive or entrepreneur who is responsible for recruiting, training and compensat
what are the importance of compensation?
Question : "Change is a constant companion when one is in business. In order to cope with change, organizations rely on a management approach called "Strategic Human Resource M
whom do you think rajender will eat with?why?
Advantages of personal Interview: 1.There are sample designs that can be implemented best by personal interview ( e, g, area probability samples). 2.Personal interview proced
Problem 1 (a) Describe what you meant by the term "communication" (b) Give six reasons why people communicate? (c) List out and discuss about four problems people encount
#3 apply the theory of symbolic interactionism to each party in the case by identifying where you see each party''s " me , myself and I ."
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
Case Studies As part of the task, you will need to write an email to your manager outlining an organisational response to the case study, including any changes to work practices t
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