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Question 1:
You are the manager of a firm selling shirts. Explain how you would employ the concepts of elasticities to make key managerial decisions.
Question 2:
What are the implications for long run profits in a monopolistic competition? What strategies would you consider to avoid zero long run profits?
Question 3:
(a) In a two-player, one-shot simultaneous-move game each player can choose strategy A or strategy B. If both players choose strategy A, each earns a payoff of $500. If both players choose strategy B, each earns a payoff of $100. If player 1 chooses strategy A and player B chooses strategy B, then player 1 earns $0 and player 2 earns $650. If player 1 chooses strategy B and player 2 chooses strategy A, then player 1 earns $650 and player 2 earns $0.
i. Write the above game in normal form.ii. Find each player's dominant strategy, if it exists.iii. Find the Nash equilibrium (or equilibria) of this game.iv. Rank strategy pairs by aggregate payoff.v. Can the outcome with the highest aggregate payoff be sustained in equilibrium? Why or why not?
(b) Why would firms in an oligopoly wish to collude? Use examples to illustrate.
(c) What factors can affect the decisions to sustain collusive agreements?
Should benching be a matter of concern at delta? 2.What are the risks involved in moving from a project-centric mode to a mix of projects and products
(a) What are the advantages and disadvantages of exporting in a globalised environment? (b) There is no doubt that HRD has evolved tremendously with the advent of globalisa
Whatever common knowledge might suggest, in organisational teams familiarity does not breed contempt. Instead, it tends to facilitate interpersonal attraction and cohesiveness (Har
The following are the different elements of personnel planning: • Estimating manpower requirements quantitatively and qualitatively. • Recruitment and selection of persons.
Question 1: (a) "Inappropriate Job Evaluation schemes are detrimental to an Organisation". Discuss. (b) Briefly describe broad-banding. Question 2: (a) Descri
Human Resource Planning is an important component of Staffing. It enables organisations to ensure that they have the human resources (employees) required for current and future req
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.
Question 1: (a) Define human resource management? (b) Analyze critically the ways in which key human resource management functions are carried out in the public sector
These two models are not necessarily contradictory to each other. In fact, Chang, Bordia and Duck (2003) found that both models complement each other. They observed project teams w
In the present-day Indian context most of the selection processes are virtually a kind of elimination process only. Do you agree or not? Give reasons.
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