If people have a high degree of organizational commitment one is more likely to want to stay with their current company.
Organizational commitment means the connection or the bond that the employees have with their organization or the employer. It all depends upon their psychology that more attachment they have with their employer or the organization more will they want to stay in it.
It defines different variables such as the job performance of the employees, turnover of the company or the employee employer relationship.
A model of commitment was given by Meyer and Allen in which they defined three types of commitment:
Affective commitment
Continuance commitment
Normative commitment.
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<span>This part is the unparalleled individual in charge of dealing with the Item Excess and guaranteeing the estimation of the work the improvement group performs. The Item Proprietor has the obligation of characterizing what is the correct item to construct, deciding the request in which highlights will be manufactured, and ensuring that the item really works. The Item Proprietor is in charge of characterizing the highlights of the item to be produced by the group as far as:
Usefulness: Recognizes every item prerequisite as an Item Excess Thing and supplies points of interest for those necessities when they are required by the group, including indicating the acknowledgment tests for every necessity
Need: Characterizes the request in which those build-up things will be created, as indicated by the esteem that they convey to Clients and clients, which furnishes the group with an Item Accumulation prepared for Dash/Cycle arranging
Objective: Characterizes the discharge objectives and settles on choices concerning discharge arranging
The Item Proprietor has the accompanying duties:
Characterize the highlights of the item
Settle on discharge date and substance
In charge of the productivity of the item (return for money invested)
Organize highlights as per advertise esteem
Modify highlights and needs as required
Acknowledge or reject work comes about
This individual keeps up the Item Excess and guarantees that it is noticeable to everybody. Everybody comprehends what things have the most noteworthy need, so everybody on the advancement Group realizes what will be taken a shot at.
The Item Proprietor is one individual, not a board. Boards of trustees may exist that prompt or impact this individual yet colleagues who need to change a thing's need should first persuade the Item Proprietor. Along these lines, hierarchical techniques for setting needs and necessities are affected after some time by this part.
For the Item Proprietor to succeed, everybody in the association must regard their choices. Nobody is permitted to guide the advancement colleague to work from an alternate arrangement of needs. Colleagues are not permitted to take after the course of anybody whose heading does not concur with the bearing gave by the Item Proprietor. The Item Proprietor's choices are unmistakable in the substance and prioritization of the Item Excess. This perceivability requires that the Item Proprietor give a valiant effort. Perceivability makes the part of Item Proprietor both a requesting and a compensating background.
The Item Proprietor is in charge of the first of the three Scrum services, Dash/Emphasis Arranging. The advancement group assesses the organized Item Overabundance, recognizes the best need things, and focuses on finishing the chose things amid a Run/Emphasis. These things turn into the reason for the Dash/Cycle Build-up.
As an end-result of the advancement group's responsibility regarding finishing the chose undertakings, the Item Proprietor submits that they won't acquaint new necessities with the group amid the Run/Emphasis. Prerequisites are permitted to change however just outside the Run/Cycle. After the group starts a Dash/Cycle, it stays concentrated on the objectives of that Run/Emphasis. The main exemption to this decide is that a comparable measure of work can be expelled from a Run/Emphasis to suit another prerequisite.</span>
Answer:
<em>c. Synergistic Strategic Alliance</em>
Explanation:
Synergistic Strategic Alliance is <em>a two-way partnership where both of them collaborate with each other and share their core competencies with one another to make their total output more than mutual individual outputs.</em>
Therefore, through synergistic actions, both companies turn their vulnerabilities into strengths and thus become more effective on the marketplace.
Answer: Costs of items used up this period but paid for next period
Explanation:
Period Expenses for the period are transactions that should be expensed because they were used in the current period.
Therefore if a period cost is not used in the period, it is not considered a period cost even if the company pays for it in the current period which also means that if a period cost for the period is not paid in the current period but in the next one, it is still a period cost for the current period.
From the above therefore, the period cost is the cost of items used up in this period but paid for in the next one.
The land purchased might look like the obvious choice but it is not because Assets are capitalised and not expensed.
Answer: Please refer to the explanation section
Explanation:
The question is not clear in terms of when is the financial year end, we only its 2021. We will assume the financial year started in January 2021 and ended December 2021
Operational Lease is an agreement where the lessor (owner of the asset) allows the lessee (user of the asset) to only use the asset without the transfer of ownership. Ownership of the asset is not transferred to the lessee/ user of the asset. lease Payments/ Rental payments are considered as expenses and are recognize in the income statement.
Custom Shirts Inc entered into a Lease agreement on the 1st of September 2021. assuming the financial year ends on December 2021, the expense Recognized in the Income statement for the year ended December 2021 will
$ 24000 x 4 months/12 months =$ 8000