The General Manager of XYZ Ltd, was addressing employees during employee recognition program function. He stressed:employee should make all efforts to increase their market value. To achieve this objective, they should increase their capacity and efficiency. They should also make such endeavor as to get job satisfaction. Not only that it is equally essential that they should concentrate on minimizing the accidents.' Identify the type of incentive.

Promotion

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Non-monetary- Recognition

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Compensation

No worries! We‘ve got your back. Try BYJU‘S free classes today!

All of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
Non-monetary- Recognition

The incentive that is mentioned in the above paragraph is non-monetary - recognition.

Suggest Corrections

Similar questions

Q. The General Manager of 'Indemnity Ltd.' was addressing employees during 'employee recognition program function. He stressed: "employees should make all efforts to increase their capacity, and efficiency. They should also make such endeavour as to get job satisfaction. Not only that it is equally essential that they should concentrate on minimizing the accidents".
(i) Which concept of management was the General Manager stressing in the function?
(ii) Identify and explain the type of incentive discussed above.

Q. ABC Ltd. is not able to achieve its objective on analysing. They found that employees were not given their best, so he decided to announce an incentive plan, which offers various incentives to employee workers at different level for achieving their target.
(i) Which element of directing is used by manager?
(ii) Suggest incentives suitable for:
(a) Employees operating at lower level.
(b) Employees operating at higher level.

ABC Ltd. is not able to achieve its objective on analysing, they found that employees were not given their best, so he decided to announce an incentive plan, which offers various incentives to employ workers at a different level for achieving their target. Which element of directing is missing in the above situation.

RGH Lears Ltd. is one of the top most companies in the energy sector. They slashed down an incentive scheme for their employees few years ago when they had cash problems. This resulted in low productivity and almost closed down the company.

(i) What was the reason behind poor performance of workers?

(ii) What should be done by management to motivate their employees?

(iii) How can the managers resolve the cash flow problems?

Q. The director of Unique India Ltd. called for meeting of all the employees, in the meeting directors informed the employees that the main objective of company is to increase the sale 30%. Various plans were made to improve the potential and efficiency of employees as well as various operations. The sales manager suggested some changes in the product as per the latest demand in the market. As a result the company was able to achieve its target successfully at the end of the year. State the characteristics of management highlighted above, also identify the lines indicating their characteristics.

Join BYJU'S Learning Program

The correct option is B Non-monetary- Recognition The incentive that is mentioned in the above paragraph is non-monetary - recognition.

The correct option is B
Non-monetary- Recognition

The incentive that is mentioned in the above paragraph is non-monetary - recognition.