ENTREPRENEURSHIP

Detailed explanation-1: -Remedial Transfer – It involves movement of an employee within an organization to correct a wrong placement.

Detailed explanation-2: -Remedial transfers provide management with a procedure whereby an unsatisfactory placement can be corrected. These transfers are made to rectify errors in selection and placement of employees.

Detailed explanation-3: -Transfer refers to the process of interchanging from one job to another without any change in the rank and responsibilities. It can also be the shifting of employees from one department to another department or one location to another location, depending upon the requirement of the position.

Detailed explanation-4: -It is a form of internal mobility, in which the employee is shifted from one job to another usually at a different location, department, or unit. Transfer can either be temporary or permanent depending on the decision of the organization, and it is initiated by any of the two, i.e. employer or employee.