The Elements That Constitute Organizational Commitment Are

question 20

Multiple Choice

The elements that constitute organizational commitment are:

• A) Artifacts,beliefs and values,and assumptions
• B) Compliance,identification,and internalization
• C) Job descriptions,strategic planning,and socialization
• D) Vision,mission and objectives

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Definitions:

Higher Profits

Increased earnings resulting from a rise in revenue, a decrease in costs, or both.

Resource Cost

The total cost associated with the utilization of resources such as labor, capital, and materials in the production of goods and services.

Marginal Cost

Marginal cost is the additional cost incurred from producing one more unit of a good or service. It varies depending on the level of production and can influence pricing and production decisions.

Industry Supply Curve

A graphical representation showing the total quantity of a good or service that producers in an industry are willing to supply at different price levels.