ENTREPRENEURSHIP

Detailed explanation-1: -Upgradation implies movement of an employee to a higher pay scale without any change of job. In an upgrade, the candidate continues to hold the same post without any change in the duties and responsibilities but merely gets a higher pay scale.

Detailed explanation-2: -Vertical promotions A vertical promotion is when an employee is promoted to a position with greater responsibilities and a higher salary.

Detailed explanation-3: -Promotion is vertical movement of an employee within the organisation. In other words, promotion refers to the upward movement of an employee from one job to another higher one, with increase in salary, status and responsibilities. Promotion may be temporary or permanent, depending upon the needs of the organisation.

Detailed explanation-4: -A promotion is when an employee advances to a position that is classified at a higher salary grade, or in certain circumstances, an acknowledgment of significant greater responsibilities within the same grade.

Detailed explanation-5: -You need to be good at your job. You prove you can develop yourself. You are easy to work with and have strong relationships across the organization. You see the bigger picture. You are a “yes” person. You listen. You are purposeful with what you say and how you say it.