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Question 1:
(a) Outline the three main methods of recruitment. (b) Discuss the advantages & disadvantages of any one method mentioned above. (c) Explain the three criteria below that the human resource manager has to take into consideration while selecting the right candidate (i) Fit with the organisation (ii) Functional & Team fit (iii) Individual job criteria
Question 2:
(a) Elaborate on the various principles underlying performance management in an organisation.
How can we determine fixed exchange rate If a nation has a fixed exchange rate (say against a specific currency), the government or central bank may change this fixed exchange
Sara runs a small business assembling personal computers. This table shows her total cost at different levels of output. Number of computers produced
Q. What do you mean by Price index? Because we are only interested in percentage change of the price level and not particular value, we can divide every price level by a given
Q. Aggregate supply in AS-AD model? In order to figure out all the variables in AS-AD model, we need one more equilibrium condition so that we can identify a unique point on AD
You make a monthly deposit of $1,000 into a saving account for the next 10 years. How much can you withdraw immediately after your last deposit if your saving account pays 6% per y
graph the central equation of the solow model. argue that a steady state exists and that the economy will converge to this point from any initial starting capital stock
Explain the law of diminishing marginal returns using the example of a factory which is currently running at half capacity and employs more staff
What are the potential advantages of economic growth? The potential advantages of growth include • More goods and services are accessible to satisfy more want and requireme
A passive deficit is the portion of the deficit that exists when: A. inflation is not fully anticipated. B. inflation is fully anticipated. C. the economy is at potential income. D
Explain about the economies and diseconomies of scale. Economies and Diseconomies of Scale: a. There are economies of scale while long-run average total cost refuses as outp
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