Question

ABC Ltd. gives promotion on the basis of seniority. Which type of plan is it?

Answer 1

It is s type of policy.

A policy provides a broad guideline for managers to follow when dealing with important areas of decision making. Policies are general statements that explain how a manager should attempt to handle routine management responsibilities. Typical human resources policies, for example, address such matters as employee hiring, terminations, performance appraisals, pay increases, and discipline.