People with Higher Levels of Desire- and _____ Based Commitment

question 61

Multiple Choice

People with higher levels of desire- and _____ based commitment are more likely to support efforts to promote change, which is common in small businesses and very important to their performance and survival.

• A) need-based
• B) obligation-based
• C) cost-based
• D) strategy-based

---

Definitions:

Long-Term Liability

A financial obligation of a company that is due more than one year in the future.

Current Liability

Financial obligations or debts that a company is expected to pay within one year, including accounts payable, wages, and short-term loans.

Internal Controls

Methods and policies established by a company to guarantee the accuracy of finance and accounting data, encourage responsibility, and deter deceptive practices.

Cash Payments

Outflows of cash by a business to settle obligations, such as paying expenses, debts, or purchasing assets.