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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 Consideration of the explanation? Consideration of the explanation: the work man receiving the charge sheet may: 1. Submit his explanation admitting the charge and a
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Basic elements of a grievance procedure: the basic elements of a grievance procedure are: 1. The existence of a sound channel through which a grievance may pass from redresses
how to manage dismissals and seperations
Limitations of MBO: a. It presupposes fixing of individuals goals and responsibilities. But all work in an organization is a group effort where activities and so clearly interr
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Section 1: Using Metrics in Human Resources Course Resources The Resources area for this course contains a variety of reference materials that will help you to complete the
Discuss that technological breakthrough has brought a radical changes in HRM
Q. Organizational objectives and planning HR plans need to be based on organizational objectives. In practise, this implies that the objectives of the HR plan must be derived f
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