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REASONING
Effect: Majority of the employees of the...

Effect: Majority of the employees of the ailing organisation opted for voluntary retirement scheme and left the organisation with all their retirement benefits within a fornight of launching the scheme.
Which of the following can be a probable cause of the above effect?
1) The company has been making huge loses for the past five years and is unable to pay salary to its employees in time.
2) The management of the company made huge personal gains through unlawful activities.
3) One of the competitors of the company went bankrupt last year.
4) The company owns large tracts of land in the state which will fetch huge sum to its owners.
5) None of these

Text Solution

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1, The company has been marking huge loses for the past five years and is unable to pay salary to its employees in time.
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