Staff Promotion and Transfer — Flashcards
ICSE · Class 12 · Business Studies
37 flashcards for Staff Promotion and Transfer (ICSE Class 12 Business Studies) to test yourself on key terms and facts.
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What is promotion in an organisation?
Answer
Promotion is the upward movement of an employee in the organisation's hierarchy. It means moving from a lower job to a higher job with higher salary, greater status, more responsibilities, and greater…
Why is promotion considered a powerful incentive?
Answer
Promotion encourages employees to work harder because it brings better pay, higher status, and greater responsibility. It acts as a reward for good performance and improves motivation, morale, and job…
How does promotion from within help an organisation?
Answer
Promotion from within reduces orientation and training costs because insiders already know the organisation's rules, structure, and work culture. It also helps create a reservoir of potential managers…
What are the main limitations of promotion from within?
Answer
Promotion from within may fail when promoted persons lack the required skills. It may also block talented outsiders, reduce labour mobility, encourage favouritism, and limit the growth of the organisa…
What is an open promotion policy?
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An open promotion policy is a system in which all existing employees are considered as candidates for promotion and vacancies are announced internally. It gives wider participation in promotion decisi…
What is a closed promotion policy?
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A closed promotion policy is a system in which candidacy is restricted and vacancies are not announced to all employees. It is used when promotion is kept limited to selected employees or levels.
How do open and closed promotion policies differ?
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In open promotion, all employees are considered and vacancies are announced. In closed promotion, not all employees are considered and vacancies are not announced. Open policy is broader; closed polic…
What is dry promotion?
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Dry promotion means assigning a higher-level job to an employee without any increase in pay or benefits. Responsibilities increase, but salary does not. A professor made Head of Department without a p…
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