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Whether the following are treated as compensation of employees. 1.Bonus?
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Whether the following are treated as compensation of employees. 1.Bonu...
Yes, bonus is treated as compensation of employees.
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Direction: Read the following text and answer the following questions on the basis of the same: After completing her Bachelors in Fashion Designing from a well-known college in France, Aditi has opened a boutique in a posh market in Kolkata. She has divided the work in smaller units and each employee is well trained to perform his/ her task efficiently. The sales persons are allowed to close a deal with a buyer by giving a maximum of 5 percent discount, whereas the decision to give any further discount rests with Aditi as the final authority. In the earlier period of her business venture, employees were asked to put in extra hours of work. In return she had promised to give them a special incentive within a year. Therefore, when the business was doing well, she honour her commitment by giving bonus to her employees. She also instructed her employees that communication from top to bottom should follow the official lines of command. However, she tends to be more biased towards her female employees, when it comes to solve the conflicts among employees. “Therefore, when the business was doing well, she honoured her commitment by giving bonus to her employees.” Which principle of management is being highlighted here?

Direction: Read the following text and answer the following questions on the basis of the same:After completing her Bachelors in Fashion Designing from a well-known college in France, Aditi has opened a boutique in a posh market in Kolkata. She has divided the work in smaller units and each employee is well trained to perform his/ her task efficiently. The sales persons are allowed to close a deal with a buyer by giving a maximum of 5 percent discount, whereas the decision to give any further discount rests with Aditi as the final authority. In the earlier period of her business venture, employees were asked to put in extra hours of work. In return she had promised to give them a special incentive within a year. Therefore, when the business was doing well, she honour her commitment by giving bonus to her employees. She also instructed her employees that communication from top to bottom should follow the official lines of command. However, she tends to be more biased towards her female employees, when it comes to solve the conflicts among employees.Aditi has divided the work in smaller units and each employee is well trained to perform his/ her task efficiently. Which principle of management is being followed here?

Direction: Read the following text and answer the following questions on the basis of the same:Amisha did her MBA from IIM Bangalore and decided to begin her own company. Now she is the proprietor of ABC Foods Pvt. Ltd. which is into the production of packaged foods and beverages. She has started on a small-scale but decided that there will be separate departments for finance, marketing, production and sales in her company so that later on when the scale of operations increases, the functions and processes are streamlined. She has plans for expansion over the next 5 years but plans to limit the major decision making powers to herself as she is yet to build a strong and reliable team. She has also worked out a fair and reasonable structure for the overall pay and compensation to be paid to the employees on the basis of a combination of various methods. She also wants to ensure that her employees stay with the company for longer durations so that the funds invested in their training do not go waste. Thus, she has taken some measures to minimize employee turnover.“…fair and reasonable structure for the overall pay and compensation to be paid to the employees…”

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Whether the following are treated as compensation of employees. 1.Bonus?
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Whether the following are treated as compensation of employees. 1.Bonus? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Whether the following are treated as compensation of employees. 1.Bonus? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Whether the following are treated as compensation of employees. 1.Bonus?.
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