A Product's Utility

question 49

Multiple Choice

A product's utility

• A)is measured by its usefulness.
• B)determines the price charged by the seller.
• C)has no effect on a person's consumption decision.
• D)None of these choices are correct.

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Definitions:

Normative Commitment

Organizational commitment based on an individual’s perceived obligation to remain with an organization.

Organizational Commitment

The strength of an individual’s identification with an organization.

Continuance Commitment

Organizational commitment based on the fact that an individual cannot afford to leave.

Counterproductive Work Behavior

Activities undertaken by employees that are against the interests or objectives of their employer.