Effect: Majority of the employees of the ailing organization opted for voluntary retirement scheme and left the organization with all their retirement benefits within a fortnight of launching the scheme.

Which of the following can be a probable cause of the above effect?

The company has been making huge losses for the past five years and is unable to pay salary to its employees in time.

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One of the competitors of the company went bankrupt last year.

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The company owns large tracts of land in the state which will fetch huge sum to its owners.

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None of these

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Solution

The correct option is A
The company has been making huge losses for the past five years and is unable to pay salary to its employees in time.

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Similar questions

Q. Statement: Unable to manage with the present salary, Arun has decided to join another company.
Assumptions:
I. The new company has better work environment.
II. The present company offers moderate pay packets.
III. The new company offers higher salary to all its employees.

Q. Answer briefly the question:
Give one benefit each of voluntary retirement scheme to the employee and to the employer

Q. The motto of 'Nav Hind Pharma Limited', a company engaged in the manufacturing and distribution of Aurvedic medicines, is 'Healthy India'. Its management and employees are hardworking, honest and motivated. The net profit of the company doubled during the year ended

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. Encouraged by its performance, the company decided to pay one month's extra salary to all its employees.
Following is the Comparative Statement of Profit and Loss of the company for the years ended

31.3.2013

and

31.3.2014

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i) Calculate New Profit Ratio for the years ending

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and

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.
ii) Identify any two value which 'Nav Hind Pharma Limited' is trying to communicate.

Q. Directions : Choose the most appropriate assumption.

Statement: Unable to manage with the present salary, Tarun joined another company.

Assumptions :
I. The new company has better work environment.
II. The present company offers moderate pay packet.
III. The new company offers higher salary to all its employees.

This question is followed by a set of answer choices and more than one choice may be correct. Type the correct answer choice(s) in the box below. For example, if the correct choices are A and C, then type in AC in the box (in capitals, in alphabetical order and without spaces between the alphabets).

The amount of time it takes for most of a worker's occupational knowledge and skills to become obsolete has been declining because of the introduction of advanced manufacturing technology (AMT). Given the rate at which AMT is currently being introduced in manufacturing, the average worker's old skills become obsolete and new skills are required within as little as five years.

Which of the following plans, if feasible, would allow a company to prepare most effectively for the rapid obsolescence of skills described above?

A.The company will develop a program to offer selected employees the opportunity to receive training six years after they were originally hired.

B.The company will increase its investment in AMT every year for a period of at least five years.

C.The company will periodically survey its employees to determine how the introduction of AMT has affected them.

D.Before the introduction of AMT, the company will institute an educational program to inform its employees of the probable consequences of the introduction of AMT.

E.The company will ensure that it can offer its employees any training necessary for meeting their job requirements

___

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Effect: Majority of the employees of the ailing organization opted for voluntary retirement scheme and left the organization with all their retirement benefits within a fortnight of launching the scheme. Which of the following can be a probable cause of the above effect?

The correct option is A The company has been making huge losses for the past five years and is unable to pay salary to its employees in time.

Effect: Majority of the employees of the ailing organization opted for voluntary retirement scheme and left the organization with all their retirement benefits within a fortnight of launching the scheme.

Which of the following can be a probable cause of the above effect?

The correct option is A
The company has been making huge losses for the past five years and is unable to pay salary to its employees in time.