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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
An increasingly common form of teamworking is the use of virtual teams, where members rarely interact face-to-face. A virtual team may include members from the same organisation wh
Consultants and Need for Consulting Services Consultants are professionals with required skill, who can be employed on project basis. Growth of consultant profession is of rece
The more cohesive the group, the stronger its norms will be, and the more likely the group will be punitive and intense when deviant behaviour threatens important group interests.
How would you describe learning? With the aid of the texts from a published author, analyse at least three learning theories. What are learning styles? Differentiate between th
is the harvard model by beer et al applicable today
what motivation important?
Question 1: What are the different reward systems that can be used to enhance performance in an organisation? Question 2: The concept of industrial relations has evolve
Q. Physical examination in selection process? Physical examination is carried out to ascertain the physical standards and fitness of the prospective employees. The practise of
Hypothesize the common short-run and long-run behaviors of the model in the industry you have chosen in a "market economy."
briefly explain hr process and their importance with suitable examples?
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