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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
QUESTION 1: "HRD is becoming increasingly important to meet the need of business imperatives" Explain QUESTION 2: Explain HRD Philosophy and its relevance for the success
What are the Need of Knowledge products Need The Internet, intranets, email and groupware make more data than ever before available to the knowledge worker. Customer / use
Define knowledge management from an information system perspective. KM refers to managing the knowledge of individuals to be used as an organisational resource. From an informa
developments in the labour market such as technology, shifts in how work is organised, the changing balance of power between employers and employees, and diversity in employment pr
What is the link between hrm and organizationL PRODUCTIVITY in a private university
Most certainly. Transition and action processes are more influential for performance outcomes. For example, if a team is facing issues with product development time and quality, de
Question 1: (a) Define the term ‘performance-related pay and briefly describe different Performance-Related Pay Schemes. (b) What are the 3 main objectives of Performance-Re
Ques1 1It is claimed that industrial relations represents the 'old' world of work while HRM represents the 'new'. Critically discuss whether you agree and why. Ans 1.The confli
Fringe benefits in the Indian industries: The national association of manufactures has indicated the following which are essential in motivating the workers towards higher o/p
Trust them with knee-jerk reactions," said Vikram Koshy, CEO, Delta Software India, as he looked at the quarterly report of Top Line Securities, a well-known equity research firm.
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