The Factors That Increase Normative Commitment Include

question 8

Multiple Choice

The factors that increase normative commitment include

• A) salary and other monetary benefits.
• B) availability of employment opportunities.
• C) a sense that the organization has invested in the employee.
• D) links to the local community.
• E) organizational culture.

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Definitions:

MC

Refers to Marginal Cost, the increase in total cost that arises from producing an additional unit of output.

Cost Curves

Graphs that depict how the costs of production vary with changes in output, including total cost, average cost, and marginal cost curves.

Profit-maximizing

The method or tactic of modifying output and setting prices to maximize profits.

ATC

It refers to dividing the entire cost of production by the number of units produced to get the Average Total Cost.