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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. Effectiveness of a recruitment programme? The total recruitment programme should be evaluated in the light of its objective and costs involved. For this purpose, various qua
Q. Suggestions for the effective employee orientation? 1. The most significant part of the organization is the human side, giving new employees knowledge of what supervisors an
Q. Show Principal of participative decision making? Principal of participative decision making: Human resource development systems should facilitate participative decision ma
effective human resource management depends upon sound reward system comment?
Apprenticeship: a major part of training time is spent on the on the job productive work. Each apprentice is given a programme of assignments according to a predetermined schedule
Each student is responsible for writing a review ofa current HRM issue related to one or more of the topics discussed on the Course Calendar of Events during the evening that it is
Question: In time of crisis, many organisations cut down their costs in order to stay in business. One of the costs that some organisations will cut first is their training an
Q. Impediments to the progress of HRM 1. The function of personnel management cannot be performed by a designated personnel manager alone. 2. The attitude of employees, come
Placement: after all the formalities are completed, the candidates are placed on their jobs initially on probation basis. The probation period may range from 3 months to 2 years. D
what are the implications of human resource planning for organization?
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