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Answer the Following Question: What is Meant by Dry Promotion? - Business Studies

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Question

Answer the following question:

What is meant by dry promotion?

One Line Answer

Solution

Promotion implies upgrading an employee to a higher post involving an increase in rank and responsibilities and he also gets monetary’ benefits. Dry promotion is a type of promotion that means that the person being promoted does not get any monetary’ benefit.

shaalaa.com
Dry Promotion and Upgrading
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2014-2015 (March) Set 1

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