Organizational Commitment Can Be Defined as

question 5

Multiple Choice

Organizational commitment can be defined as

• A)the collection of feelings and beliefs that managers have about their organization as a whole.
• B)the process by which individuals internalize the values and expectations of an organization.
• C)the training received by newcomers which teaches them the norms of the organization.
• D)the collection of terminal and instrumental values that are held by an organization.
• E)the rites of passage that determine how individuals enter, advance within, and leave organizations.

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Definitions:

Budget Coordination

The process of ensuring all parts of an organization's budget align with its strategic and operational goals.

Large Company

A corporation that typically has a high level of capitalization, extensive operations, a large number of employees, and generates a significant amount of revenue.

Sales Forecast

An estimate of the quantity of goods or services that will be sold in a future period.

Budget Committee

A group of individuals responsible for overseeing the creation and management of an organization's financial plan or budget.