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Business Studies · 2022 · 3 marks
CBSE 2022 · Region 2 · Set 1 · Q5
Tanushree is working in a multinational company. Her performance is appreciated by everyone in the company. As an incentive, the company offered her…
Tanushree is working in a multinational company. Her performance is
appreciated by everyone in the company. As an incentive, the company
offered her to buy the shares of the company at a price that is less than
the market price.
(a)
Name and give the meaning of the incentive offered to Tanushree.
(b)
State any two more incentives of the same type.
Marking-scheme solution
The incentive offered to Tanushree by the company was
Co-partnership/ Stock option.
It is an incentive under which the employees are
offered company shares at a set price which is lower
than market price.
Two more incentives of the same type are:
(i)
Pay and allowances which includes basic pay, dearness
allowance and other allowances
(ii)
Productivity linked wage incentive involves linking
payment of wages of employees to the increase in their
productivity at individual or group level.
(iii)
Bonus involves offering an amount of funds over and
above the wages/ salary to the employees.
(iv)
Profit Sharing involves providing a share in the
$\displaystyle 6$ Q. profits of the organization to employees.
(v)
Retirement Benefits include benefits such as
provident fund, pension and gratuity that provide
financial security to employees after their retirement.
(vi)
Perquisites include incentives such as car
allowance, housing, medical aid and education to the
children etc., which are offered over and above the
salary.
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CBSE Class 12 Business Studies past-paper question from the 2022 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.