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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
Labour Welfare measures used for employees in an organization
LETTERS: There are conventions established by bodies covering the way that letters are set out and every letter has certain components in common. It might be interesting for you t
philosophy of recruitment
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Q. Explain Grievance procedure? Grievance procedure: the grievance procedure is one of the more important means available for the employee to express their dissatisfaction. It
EFFECTIVE HRM DEPENDS UPON SOUND REWARD SYSTEM "COMMENT..?
what is the difference between exclusion clause and exemption clause?
Objectives After reading this unit you should be able to: 1. List means of communication stating when each would be appropriate, 2. Recognize and produce suitable written
Final Dissertation: Before writing the dissertation, take some time to plan its overall structure. Draft the executive summary to get an overview (you can always come back to
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