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Question
Which of the following are expectations of employees to the organisations?
Options
Opportunities for education, self-development, promotion and career growth
Various welfare facilities such as housing, medical care, social security (in the form of pension, gratuity, provident funds, etc.), health, recreation, etc.
Quick and fair redressal of grievances.
All of the above
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Solution
All of the above
Explanation:
- Opportunities for education, self-development, promotion, and career growth: Employees expect the organization to support their personal and professional development.
- Various welfare facilities such as housing, medical care, social security (in the form of pension, gratuity, provident funds, etc.), health, recreation, etc.: Employees expect the organization to provide welfare benefits that ensure their well-being.
- Quick and fair grievance redressal: Employees expect the organization to address their concerns and issues promptly and fairly.
RELATED QUESTIONS
______ expect the business organization to follow the laws and regulations of the country.
Which of the following is not an expectation of competitive competitors?
Every stakeholder group expects something from a business organisation. Which of the following are the two expectations of suppliers?
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Employees | i | Regular orders for supply |
| (b) | Government | ii | Protection of trade union rights |
| (c) | Society | iii | Protection of environment from pollution |
| (d) | Suppliers | iv | Avoid corrupting public servants |
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Owners | i | May make decisions which affect the business |
| (b) | Suppliers | ii | Want product at good prices |
| (c) | Customers | iii | Want business to grow and make profits |
| (d) | Manager | iv | May increase their prices |
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Suppliers | i | Contribution of business to the local economy |
| (b) | Employees | ii | Provide capital |
| (C) | Shareholders | iii | Provide physical and mental efforts |
| (d) | General public | iv | i |
State any two expectations of the Associates from a business enterprise.
State any two expectations of shareholders from a business concern.
Discuss the expectations of customers and business associates.
Give any five expectations of creditors from a business enterprise.
