ENTREPRENEURSHIP

Detailed explanation-1: -The correct option is A Upgradation. 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. Suggest Corrections.

Detailed explanation-2: -This refers to an upward movement of employees with a change in skills and experience. It brings a change in salary, responsibility, status, benefits, etc.

Detailed explanation-3: -Vertical promotions A vertical promotion is when an employee is promoted to a position with greater responsibilities and a higher salary.

Detailed explanation-4: -There are three main types of employee promotion: Horizontal promotion. Vertical promotion. Dry promotion.

Detailed explanation-5: -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.