A(n)__________ Gives the Person to Whom It Is Granted the Right

question 30

Multiple Choice

A(n) __________ gives the person to whom it is granted the right to buy a certain number of shares at a fixed price for a fixed number of years during a period known as the __________ period which is not usually for more than __________.

• A) call right; exercise; twelve months
• B) option; redemption; twelve months
• C) option; redemption; ten years
• D) option; exercise; ten years

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Definitions:

Normative Commitment

A feeling of obligation to continue employment with an organization due to shared values and beliefs.

Affective Commitment

An employee’s emotional attachment to, identification with, and involvement in the organization.

Continuance Commitment

The level of commitment an employee feels towards their organization based on the costs they perceive in leaving it.

Affective Commitment

The emotional attachment an employee feels towards their organization, which significantly influences their willingness to contribute to the organization's goals.