✓ Board-verified
Business Studies · 2023 · 3 marks
CBSE 2023 · Region 2 · Set 1 · Q22
Keshav Bannerjee is the Chief Executive Officer
(CEO) of ‘Das Networking Ltd.’, a leading IT
company in Bengaluru. He believes that if needs of
employees are taken care of, the employees take good
care of the customers. In this company various
benefits are provided to the employees to help them
meet their medical and housing needs etc., while in
job. It is also providing benefits like gratuity at the
time of their retirement. The employees are provided
various opportunities to attend skill development
programmes to improve their skills and be promoted
to the higher level jobs.
Identify and state the three incentives offered by
the company in the above para to improve the
performance of its employees.
Marking-scheme solution
Incentives offered by the company
(i)
Perquisites
Perquisites such as car allowance, housing and medical
aid etc., are offered to employees over and above the
salary to provide motivation to them.
(ii)
Retirement benefits
Retirement benefits such as provident fund, pension and
gratuity, which provide financial security to employees
after their retirement, act as an incentive when they are in
service in the organisation.
(iii)
Career Advancement Opportunity
Career Advancement Opportunity includes opportunities
provided to employees to improve their skills and be
promoted to the higher-level jobs.
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CBSE Class 12 Business Studies past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.