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Give one difference between promotion and transfer. - Business Studies

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Give one difference between promotion and transfer.

Give one difference between Transfer and promotion.

Distinguish between Promotion and Transfer. 

Distinguish Between
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Solution 1

Sr. No. Basis of Difference Transfer Promotion
1. Nature of movement It is a horizontal movement of an employee. It is a vertical movement of an employee.
2. Effect It does not increase the pay, status, authority and responsibility of the employee. It increases the pay, status, authority and responsibility of the employee.
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Solution 2

  1. Since a promotion entails moving a person from a lower position to a higher one, it is vertical. However, because it entails moving an individual from one position or workplace to another, a transfer is horizontal.
  2. A promotion raises an employee's income, position, power, and level of responsibility. However, in the event of a transfer, there is no such rise.
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Sources of Recruitment
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Chapter 11: Staff Promotion and Transfer - QUESTION BANK [Page 157]

APPEARS IN

Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 11 Staff Promotion and Transfer
QUESTION BANK | Q 1. | Page 157
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 10 Recruitment, Selection and Training
EXERCISES | Q 16. | Page 165
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 10 Recruitment, Selection and Training
QUESTION BANK | Q 13. | Page 169
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 10 Recruitment, Selection and Training
EXERCISES | Q 22. (b) | Page 165

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