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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. Show the Workers participation in the management? Industry is now considered as a social institution. The management & employees have equal interests in the survival and the
Question 1: Hospitality and tourism operators have recognised that in order to compete effectively in a turbulent environment, they need to differentiate themselves from the
prepare db desigm
Nature or characteristics and feature of human resource planning: 1 manpower planning includes an inventory of current man power in order to determine its status and to identif
1. Discuss why Donnelley had to coordinate HR activities with the changes in jobs and work.
Whats the roles of HR
Performance measurement is concerned with measuring individuals effectiveness in their roles understanding their aspirations and determining which development actions would be the
Question 1: a) Outline the main characteristics of the four approaches to international staffing. b) What are the costs associated with expatriate failures? c) Wha
Describe key principles/issues that you identify from this topic area; Identify criticisms of this principles/issues; Discuss the principles/issues implications for and application
• Examine the importance of evaluation. How can it help to market the contribution of training and development to the business • Explore the way that evaluation need to be on-going
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