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GCSE Business 2020-2022 OCR

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Question:

Promotion. How can this be a Financial Method?

Author: eric_galvao



Answer:

-This happens when an Employee goes up the Hierarchy of the Organisation Structure. The new role should have the Salary Increase, and the Responsibility -This can be Powerful, as it sends a message out saying Progression is Possible, which increases Production Rates and Retention.


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