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PUB AD PYQ VAULT | Day 56 | PYQ (2017)

Various components of Human Resource Management are inter-related. Discuss.

Keyword of the Day | Span of Control

The number of subordinates who report directly to a superior in an organisation.

V. A. Graicunas analysed the relationships between a superior and subordinates.

Thinker of the Day | Walden Bello

Works – Deglobalization – Ideas for a New World Economy The Future in the Balance – Essays on Globalization and Resistance

Views

– Bello challenges the assumption that deeper integration into the global economy automatically produces equitable development.

– argues for deglobalization reorienting economic activity towards domestic needs, democratic accountability, local productive capacity and social welfare, rather than maximising integration

– Critique of Neoliberalism – Questioning the dominance of market-led policies and transnational corporations.

– Expanding countries’ policy space to pursue development strategies suited to their own circumstances.

– Democratic Global Governance – Advocating a more decentralised, pluralistic international economic order.

Walden Bello’s concept of deglobalization calls for reorienting economic priorities towards domestic needs, social equity and democratic control rather than treating deeper market integration as an end in itself.

Keyword of the Day | Span of Control

Thinker of the Day | Walden Bello

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