Which of the following statement about labour market is not true?
A. Labour is a like commodity market is analysed by supply, demands and price equilibrium
B. Labour market is relatively more local than commodity
C. Unl ike a commodity market, the relationship between a buyer and sellar in labour market is not temporary
D. Monopoly in the labour market is high
Answer: Option D
This Question Belongs to Management >> Human Resource Management (HRM)
The meaning of the acronym HRM is
A. Human Relations Management
B. Humanistic Resource Management
C. Human Resource Management
D. Human Resourceful Management
A. A staff functions
B. A line function
C. A staff function, line function and accounting function
D. All of the above
Finding ways to reduce ________ is a key responsibility of management.
A. Dissatisfaction
B. Uncertainty
C. Stress
D. None of the above
The ________ and control systems should be altered to support the strategic human resource function.
A. Appointment
B. Reward
C. Job allotment
D. None of the above
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