Commitment Devices Are

question 31

Multiple Choice

Commitment devices are:

• A)mechanisms that allow people to voluntarily restrict their choices in order to make it easier to stick to plans.
• B)socially institutionalized practices that signal an individual has made a particular commitment.
• C)policies that force participants to choose their future commitments.
• D)None of these are true.

Distinguish between legitimate, coercive, reward, expert, and personal forms of power.

Understand the concept of resistance (constructive and dysfunctional) in organizational settings.

Recognize the role of hierarchy and its limitations in modern organizational structures.

Understand the mechanisms through which power is exercised and resisted within organizations.

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Definitions:

Utility

In economics, utility refers to the satisfaction or pleasure derived from consuming goods or services.

Marginal Utility

The additional satisfaction or utility a consumer gains from consuming one more unit of a good or service.

Marginal Utility

is the additional satisfaction or benefit a consumer derives from consuming one more unit of a good or service.

Total Utility

The total satisfaction or benefit a person derives from consuming a certain quantity of goods or services.