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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: (a) What is the difference between a TRAINING NEED and a NON-TRAINING NEED? (b) What is TNA and how it is carried out? Question 2: What are the key iss
Essential pre requisites of a grievance procedure: the efficiency of a grievance procedure depends upon the fulfilment of certain pre requisite. These are as follows: 1. Confor
Explain Man-Power Planning. Man-Power Planning: It is the planning done in relation to the man-power resources or the human assets of the enterprise. This might be defined as
introduction
explain about past oriented appraisal
Question 1: (a) What is Performance Management and list down the benefits of performance appraisal from the perspectives of both employees and employers? (b) Explain what a
Advantage of time wage system: 1. Simplicity is the greatest merits of time wage system time which a man expands on a job is easy to measure. 2. The quality of the work is
required caselet 2 answers in HRM
#impact on recruitment and selection
aims of HR planning
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