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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
the role of HR to prevent stress and enhace employee performance
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discuss the social security measures available to workers in india
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Question 1: (a) Explain Maslow's hierarchy of needs. (b) Discuss the limitations to Maslow's theory for managing people. (c) Discuss how Mc Gregor theory might help to
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Let us now summarise what we have studied in this unit. Communication is a two-way process whereby transmission of messages or exchange of ideas, facts or opinions occurs betwee
Q. Show participation through ownership ? Participation through ownership workers may become more involved in industries by making them share holders of the company. Include th
I think most looked at this poll as if we were " in the shoes of the employees" who had to purchase the handheld device or cell phones and responded with the "unfairness" factor an
Effective Human Resource Management depends upon a sound reward system discuss
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