Set Forth the Advantages and Disadvantages of Forming a General

question 42

Essay

Set forth the advantages and disadvantages of forming a general corporation.

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Definitions:

Continuance Commitment

An employee's psychological attachment to an organization based on the costs that they perceive associated with leaving it.

Normative Commitment

The feeling of obligation an individual has to continue in an organization because of their personal values, ethics, or commitments.

Affective Commitment

An emotional attachment or sense of loyalty of an individual towards an organization, which influences their willingness to continue membership.

Forms of Commitment

Different types of psychological bonds that influence an individual's attachment and loyalty to an organization or cause.