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______ means permanent termination of an employee’s services by an organisation due to economic reasons. - Business Studies

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प्रश्न

______ means permanent termination of an employee’s services by an organisation due to economic reasons.

विकल्प

  • Resignation

  • Compulsory retirement

  • Voluntary retirement

  • Retrenchment

MCQ
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उत्तर

Retrenchment means permanent termination of an employee’s services by an organisation due to economic reasons.

Explanation:

Retrenchment means permanent termination of an employee’s services by the organisation due to economic reasons like surplus staff, cost-cutting, or reduced demand, not because of misconduct or voluntary choice.

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अध्याय 12: Staff Separation - EXERCISES [पृष्ठ १६७]

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गोयल ब्रदर्स प्रकाशन Business Studies [English] Class 12 ISC
अध्याय 12 Staff Separation
EXERCISES | Q I. B. 5. | पृष्ठ १६७
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