ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

HUMAN RESOURCE MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The advancement of an employee within the small business to a position with more authority and responsibility.
A
Job Description
B
Transfer
C
Promotion
D
Discharge
Explanation: 

Detailed explanation-1: -A promotion can refer to the advancement of an employee’s position, creating awareness around certain product deals, or creating buzz around little-known stocks.

Detailed explanation-2: -Employee Promotion means the ascension of an employee to higher ranks. It involves an increase in salary, position, responsibilities, status, and benefits.

Detailed explanation-3: -What is a promotion policy? A promotion policy is a set of guidelines that define how, when, and why an employee is eligible for a promotion. The company’s human resources team develops these guidelines to provide specific and measurable goals for employees to qualify for a promotion.

Detailed explanation-4: -Evaluate your current staff. Determine your promotion method. Establish the requirements for promotion. Announce the promotion opportunity. Evaluate and interview candidates. Make and announce your decision. 30-Sept-2022

There is 1 question to complete.