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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) Inappropriate Job Evaluation schemes are detrimental to an Organisation. Discuss. (b) Briefly describe Broad Banding as a pay technique. Question 2:
“Effective Human Resources Management depends upon sound reward system”. Comment
effctive human resourse management system depends upon sound reward system comment
Likert scale: Likert scales (also known as "summated rating scales") are popular and easy to use. They are simpler to construct than a Thurstone scale and generally yield mor
“Effective Human Resources Management depends upon sound reward system”. Comment.
Disadvantages of personal Interviews: 1.It is likely to be more costly than alternatives 2. A trained staff of interviewers that is geographically near the sample is needed
Some young to middle-aged managers have reported certain problems with older workers. A 40-year-old group manager at a major bank reported feeling uncomfortable when older people i
See the skills and qualities of project managers explained in the ‘developmental approach’. Can you add to such? How far do you consider yourself being proficient in such skills? H
what are the important principles that have to be observed in the maintenance of discipline
Question 1: (a) Show the impact of the Internet and web-based technologies on the different human resource management functions in organisations. (b) What are the cri
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