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Sentence Correction: Pronoun Questions - Overview and Grammatical Mistake

Following the financial success of the previous year, the company decided to give a bonus to all their employees.

Correct!

This answer choice corrects the original Pronouns mistake by changing the plural pronoun their to the singular pronoun its, so that it agrees with the singular noun it refers to - company.

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This answer choice is grammatically incorrect. The plural pronoun their does not agree with the singular noun company to which it refers. Although a company is made of many individuals it is still a single unit and therefore is a singular noun.

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This answer choice repeats the original Pronoun mistake: the plural pronoun their does not agree with the singular noun company to which it refers. Although a company is made of many individuals it is still a single unit and therefore is a singular noun.

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While this answer choice corrects the original Pronoun mistake, it changes the meaning of the original sentence by replacing decided to give with decidedly gave. The verb decided and the adverb decidedly are not interchangeable as they carry a somewhat different meaning (the former means to make a decision, the latter means to do something in a resolute and sure manner).

While this answer choice corrects the original Pronoun mistake and is grammatically correct, it is stylistically flawed - redundant. Changing the sentence to passive results in expressing the original meaning in more words, creating redundancy.

previous year, the company decided to give a bonus to all their
year before, the company decided to give a bonus to all their
previous year, the company decidedly gave a bonus to all its
previous year, it was decided by the company to give a bonus to all its
previous year, the company decided to give a bonus to all its