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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. What is basket method? In basket method: in basket or in tray technique involves simulation of a series of decisions a trainee might have to make in a real life. The trainee
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Fall off the authority balance beam. A careful balance between managerial and team authority is needed. Managers need to exercise their authority about direction (where the team is
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what are job requirement job analysis activities in sitara chemical industries Ltd
What in your view are the central human resource issues involved in this case
Respected sir I am writing this letter to my friend.He has been working in an organization, and in probation . Due to some emergency reasons he had to go to his country. company
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