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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
It is important to remember that the review needs to comprise a critical evaluation of the subject area through the books and articles. You need to appraise the arguments and vie
How do you think the following stakeholder groups in the above scenario will be impacted? •Employees/unions •Communities •Stockholders
Candidates should be able to identify those international standards and conventions listed in the syllabus that may have been infringed e.g. Guidelines on Occupational Safety and H
Question 1: (a) Explain the following non financial motivators used by organisations to motivate their employees. (i) Quality of work life (ii) Participation (b) To wha
Q. Steps of constructing behaviourally anchored rating scales? Steps involved in constructing behaviourally anchored rating scales (BARS): a. Identify critical incidents:
1. Discuss how constitution and charters both define and limit government authority. 2. How do judicial steps of statutory interpretation affect administrative practice? 3. P
Problem 1: a) Using Dowling's model discuss the variables that moderate the differences between domestic and international human resource management. b) Give an overview of
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Q. What do you mean by Job design and redesign? Job design and redesign: once the jobs are understood properly, it is easy to locate weak spots and undertake remedial steps. We
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