Class 12 Business Studies - Chapter Directing NCERT Solutions | Explain any two types of non-monetary in

Welcome to the NCERT Solutions for Class 12th Business Studies - Chapter Directing. This page offers a step-by-step solution to the specific question from Extra Questions, Question 2: explain any two types of non monetary incentives....
Question 2

Explain any two types of non-monetary incentives.

Answer

Non-monetary incentives include:

  • Recognition: Employees are praised for their good work, increasing their self-worth and motivation.
  • Career Advancement: Offering opportunities for promotions and personal development helps retain and motivate employees.

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