Lecture 10: Game Theory/ Oligopoly Managerial Economics BSP 1005 D2 November 2011 Sanjeev Mohta Oligopoly Small number of firms Great deal of interdependence Interdependence leads to strategic behavior Conditions may promote collusion No single model of oligopoly Many models depending on circumstances Conclusions from some Oligopoly models The oligopoly firms will conspire and collaborate to charge the monopoly price and get monopoly profits. The oligopoly firms will compete on price
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Importance of HR Planning Importance of HR Planning in an Organization: Planning is very important to our everyday activities. Several definitions have been given by different writers what planning is all about and its importance to achieving our objectives. It is amazing that this important part of HR is mostly ignored in HR in most organizations because those at the top do not know the value of HR planning. Organizations that do not plan for the future have fewer opportunities to survive the
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HR and OD Administrator Service: HR & Organisational Development Hours: 37 per week Salary: Scale points 8 – 13 Reference Number: Responsible to: HR Manager Responsible for: N/A _____________________________________________ The Position As a competent administrator the role holder will provide a comprehensive administrative support service for the HR & OD Team to delivery excellent services to staff and students. Main Duties and Responsibilities 1. Provides administrative support
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Qualities of Hr manager 1.Active Listener . Being a great manager means more than nodding your head when an employee comes to you with an issue. Employees want to know they have your full attention because they often expect an answer or proposed solution to their issue right then and there. Active listening requires the listener to understand‚ interpret‚ and evaluate what they hear. The ability to listen actively can improve personal relationships by reducing conflicts‚ strengthening
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Human Resources (HR) profession is broad and includes various areas of activity‚ from the transactional and routine activity like payroll‚ to the more influential‚ decision making responsibility. Strategic Human Resources Management (SHRM) falls into this second category. What exactly is SHRM? Who is it important to? Why is it so important? What are the characteristics of an effective HR strategy? In this paper‚ we will attempt to answer these four questions. In addition‚ we will describe the
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efficiently and successfully. So are the HR professionals. The most important and core areas for HR knowledge and skills are insights and leadership. The first is significant to design strategy and solutions to meet organizational needs‚ while the second is crucial to contribute as much as possible throughout the organization by supporting‚ developing and measuring others. When we look at the evolution of HR (Next Generation HR)‚ so we can see the Insight Driven HR gradually became a successor of Service
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1. Introduction Page 4 2. HR activities that support the organisations strategy 2.1 Recruitment and Selection Page 5 2.2 Data Collection Page 6 2.3 Performance Management and Staff Development Page 7 3. How HR Supports Line Managers and Staff 3.1 Administration and Payroll Page 8 3.2 Benefits‚ Holiday and Absence Page 8 3.3 Grievance and Disciplinary Page 9 Conclusion Page 10 Recommendations Page 10 References Page 11
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Microsoft’s HR Strategy – An Analysis HR Planning Report Jyoti Priyadarshini 805803145 Preview ____________________________________________________________ _______________ 1 Elements of Effective HR Strategy ____________________________________________________________ _ 2 Microsoft: Knowledge Fuel of the Technology World_______________________________________ 2 HR Strategy at Microsoft ____________________________________________________________ _ 3 Recruitment
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E HR solutions can provide a creative and cost effective way of delivering HR services and can be a tool in HR transformation. Do you agree? Yes I agree. To justify my response I will begin by defining and describing HR transformation What is HR transformation? HR Transformation focused on making HR operations more efficient and effective through process standardisation and technology. The next generation of HR Transformation is more tightly linked to corporate strategy and to creating business
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hilly Northern areas to the sprawling desserts in the south‚ at the time they are the only operator connecting the previously unconnected. Telenor are spread across Pakistan‚ creating 2‚200 direct and 20‚000-plus indirect employment opportunities. We have a network of 15 company-owned sales and service centers‚ more than 200 franchisees and some 100‚000 retail outlets. [pic] VISION STATEMENT:- Telenor vision is simple; they exist to help their customers to get the full benefit of communication
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