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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.
Explain the difference between productive and allocative ( economic ) efficiency. Explanation of productive efficiency, e.g. output at AC minimum Define to the effect th
How does an increase in income affect a consumer's budget line and their total utility?
What are the general principles about marginal and average total cost curves? General principles which are always true concerning a firm’s marginal and average total cost curve
What are the important tools of making decisions? Making Decisions: a. How economists model decision making through individuals and firms b. Implicit costs and Explicit-C
Q. When Ochratoxin molds can occur? Ochratoxin A is a phenylalanyl derivative of a substituted isocoumarin produced by Penicillium verrucosum in temperate climate and by severa
A) With asymmetric information, free markets may not lead to efficient outcomes because the market for a service or product may break down due to adverse selection. Explain what ad
What is the difference between heckscher_olin theory and comparative theory
As is the case with the supply and demand function for a single business firm determining the equilibrium price and output for its product, the aggregate supply and aggregate deman
discuss approach to organizational design
How can a country maintain equilibrium GDP with foreign trade?
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