Define organizational commitment, and explain why it is important. Discuss why employers work to reduce rates of turnover.
What will be an ideal response?
Organizational commitment is defined as the desire on the part of an employee to remain a member of the organization. Organizational commitment sits side-by-side with job performance in an integrative model of organizational behavior. It is not enough to have talented employees who perform their jobs well. Employers also need to be able to hang on to those employees for long periods of time so that the organization can benefit from their efforts. Estimates suggest that turnover costs between 90 percent and 200 percent of an employee's annual salary. Why so expensive? Those estimates include various costs, including the administrative costs involved in the separation, recruitment expenses, screening costs, and training and orientation expenses for the new hire. They also include "hidden costs" due to decreased morale, lost organizational knowledge, and lost productivity.
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Which of the following statements is true?
a. If a company reports net income on its income statement, it should report an increase in cash on its statement of cash flows. b. If a company reports a net loss on its income statement, it should report a decrease in cash on its statement of cash flows. c. If a company uses the accrual basis of accounting, it will improve its cash position if it reports net income for the same period. d. If a company uses the accrual basis of accounting, its cash balance can increase even if it reports a net loss.
Which of the following statements is FALSE regarding team problem solving?
a. Team should include critical thinkers. b. Team should analyze the problem, develop alternatives, and select the best solution. c. Process should include social, emotional, and political factors. d. Team discussions should include differing opinions.
Which of the following scenarios exemplifies the use of biometrics?
A. A system determining the response rate of individuals under stressful conditions B. A system scanning the magnetic code on the dress worn by employees C. A system determining the cognitive ability of individuals by administering tests D. A system scanning the eye pupils of employees
The administrative duty is BEST described by:
A) Managing and controlling the activities of the team. B) Gaining access to the necessary resources to ensure a smooth development process. C) The ability to provide leadership for the project team. D) Handling the important executive side of the project.