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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) Explain the term Training. (b) Clearly describe any 5 on the job and off the job training methods you know. (c) Which Training technique do you think to b
Career planning and development process
Need for human resource planning: Every organization has to plan for human resource due to: 1 the storage of certain categories of employees and\or variety of skills despit
effective human resources management depends upon sound reward system. explain?
Question: (a) Explain the direct method of forecasting workforce at the macro level. What are its main limitations? (b) The stock of mechanics in District Z stood at 2500 a
what is job analysis
Question: "Much has been written about the need for leaders not to assert control, and that a different style is required for organisations to succeed in this fast changing and
seeking format for a selection process for management positions.
we want ou to design an employee selection program forhiring stock traders
Methods Of Administering a Survey A survey may be administered through a face-to-face interview, by post or by telephone. Generally, if given to employees within an organisati
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