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Questions
Mention any two expectations of Employees.
State any two expectations of employees from a business concern.
Answer in Brief
Solution 1
- Profit: Any manager or owner of a business should have this as their main goal. It is an entrepreneur's reward. Every owner wants to run business and make profits.
- Growth: Every employer desires to see their company flourish. Over a specific time frame, they want their company to expand and thrive in all ways.
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Solution 2
- Security of job and continuity of service under congenial conditions.
- A fair remuneration in the form of wages and salaries.
- Safe and comfortable working environment.
- Various welfare facilities such as housing, medical care, social security (in the form of pension, gratuity, provident fund, etc.), health, recreation, etc.
- Opportunities for education, self-development, promotion and career growth.
- Protection of trade union rights.
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Expectations of Stakeholders
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RELATED QUESTIONS
State any two expectations of the Government from a business concern.
State any two expectations of employers from a commercial organisation.
Which of the following are expectations of employees to the organisations?
Safety of capital of contributed is an expectation of ______.
Every stakeholder group expects something from a business organisation. Which of the following are the two expectations of suppliers?
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Employees | i | Regular orders for supply |
| (b) | Government | ii | Protection of trade union rights |
| (c) | Society | iii | Protection of environment from pollution |
| (d) | Suppliers | iv | Avoid corrupting public servants |
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Owners | i | May make decisions which affect the business |
| (b) | Suppliers | ii | Want product at good prices |
| (c) | Customers | iii | Want business to grow and make profits |
| (d) | Manager | iv | May increase their prices |
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Suppliers | i | Contribution of business to the local economy |
| (b) | Employees | ii | Provide capital |
| (C) | Shareholders | iii | Provide physical and mental efforts |
| (d) | General public | iv | Provide raw materials to the firm |
Discuss the expectations of customers and business associates.
Give any five expectations of employees from a business enterprise.
