Comprehension

Answer questions on the basis of information given in the following situation.
Ramesh, the owner of an auto-component manufacturing company in Sanand, had just returned after attending the funeral of his employee, Pankaj Kumar, who had died of cancer at the age of 35. Pankaj was a hardworking and sincere employee with impeccable performance record. Pankaj was the sole bread earner for his family with negligible savings and was survived by his wife and two school going children. His wife will get around 8 lakh rupees accrued to Pankaj as social security benefit.
A large number of employees wanted the organization to employ Pankaj’s wife on compassionate grounds so that she could support her family. Though Ramesh was sympathetic to the demand, he realized that this could set a precedence, where the organization will have to provide jobs for everyone with similar conditions in the future. In fact, only recently, Ramesh had refused a request for a job to the daughter of an employee, who had died a few months before he was to retire.

Question: 1

Ramesh formed a committee to look into this matter and the committee came up with the following suggestions:
1. Create a fund to take care of immediate family expenses.
2. Finance the school and college education of his children.
3. Sponsor the vocational education of his wife and subsequently help her find a job.
4. Purchase insurance for all the family members.
5. Request all employees of the organization to contribute towards the welfare of the family.
Which of the following options, from the above suggestions, will be the most sustainable for Pankaj's family?

Updated On: Aug 9, 2024
  • 1 and 2
  • 2 and 3
  • 3 and 4
  • 4 and 5
  • 3 and 5
Hide Solution
collegedunia
Verified By Collegedunia

The Correct Option is B

Solution and Explanation

The correct option is (B): 2 and 3
Was this answer helpful?
0
0
Question: 2

Ramesh, along with senior managers, was in the process of designing a policy to deal with such issues in the future.
Which of the following policy statements will be the least amenable to misuse in the future?

Updated On: Aug 9, 2024
  • The firm should provide one job to any of direct dependents of the deceased employee.
  • The firm should provide one job to any dependent, if employee dies during the service.
  • The firm should provide one job to any dependent, if the family does not have any other support and employee dies during service.
  • The firm should provide help to the dependent family members in pursuing good education and employment.
  • The firm shall constitute a committee, with fair representation from all stakeholders, to decide on the course of action based on specifics of the case.
Hide Solution
collegedunia
Verified By Collegedunia

The Correct Option is

Solution and Explanation

The correct option is (E): The firm shall constitute a committee, with fair representation from all stakeholders, to decide on the course of action based on specifics of the case.
Was this answer helpful?
0
0

Top Questions on Caselets

View More Questions

Questions Asked in XAT exam

View More Questions