Explanation:

- Shifting an employee to a higher position:

This involves moving someone to an upper level within the company's hierarchy.

- Entrusting higher responsibilities:

Promotions often include taking on more complex tasks and bigger projects.

- Increase in status:

With promotion comes a higher rank or title, elevating an employee's standing in the organization.

- All of the above:

A promotion typically encompasses all these aspects—higher position, more responsibilities, and increased status.