Payback Occurs When Net Costs Equal Net Benefits Accumulated Over

question 4

True/False

Payback occurs when net costs equal net benefits accumulated over the project years.

---

Definitions:

Affective Commitment

Refers to the emotional attachment an employee feels towards their organization, driving loyalty and continued employment.

Organizational Welfare

The overall health, safety, and well-being of an organization's employees, often encompassing initiatives aimed at promoting a positive work environment.

Emotional Dissonance

The conflict between experienced emotions and emotions that are expressed or shown to conform to social norms or job requirements.

Organizational Commitment

A psychological state that characterizes an employee's relationship with their organization, influencing their decision to continue membership.