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Explain two advantages of merit-based promotion. - Business Studies

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Questions

Explain two advantages of merit-based promotion.

Explain any two/three/four advantages of merit-based promotion.

Explain
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Solution

Merit-based promotions offer the following benefits:

  1. Promotions based on merit encourage workers to perform better. The youthful and aspirational staff members are motivated to advance their abilities and productivity.
  2. Employees performance will be evaluated in order to determine their merit. Such an evaluation will highlight shortcomings that can be fixed with more instruction.
  3. A company can only succeed if its people are competent. Employee motivation and job satisfaction are higher under merit-based promotion. Profits and productivity will therefore probably increase. 
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Notes

Students should refer to the answer according to their question and preferred marks.

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Chapter 11: Staff Promotion and Transfer - EXERCISES [Page 156]

APPEARS IN

Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 11 Staff Promotion and Transfer
EXERCISES | Q III. 12. a | Page 156
Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 11 Staff Promotion and Transfer
EXERCISES | Q II. 7. | Page 155
Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 11 Staff Promotion and Transfer
EXERCISES | Q III. 18. (b) a | Page 157
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