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When the CEO of a company retires, the Sales Manager is given her place. Identify which of the following will be true in this context. (i) The Sales Manager is being transferred.

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Question

When the CEO of a company retires, the Sales Manager is given her place. Identify which of the following will be true in this context.

  1. The Sales Manager is being transferred.
  2. The Sales Manager will be getting a higher salary.
  3. The Sales Manager is getting promoted.
  4. The Sales Manager will be getting the same salary.

Options

  • (i) and (ii) are true

  • (iii) and (iv) are true

  • (ii) and (iii) are true

  • (ii) and (iv) are true

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Solution

(ii) and (iii) are true

Explanation:

The Sales Manager replacing the retired CEO is promoted to a higher post and will usually get a higher salary; this is a promotion (not a transfer) and not a same-salary change, so (ii) and (iii) are true.

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Chapter 11: Recruitment, Selection and Trading - EXERCISES [Page 201]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 11 Recruitment, Selection and Trading
EXERCISES | Q 29. | Page 201
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