[Management and Organizational Studies 2181A/B] - Final Exam Guide - Comprehensive Notes fot the exam (28 pages long!)

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2181A/B
• Professor: Carol- Lynn Chambers

Document Summary

Costco: during economic downturn actually increased all hourly wages of employees b/c costco understands that its profitability relies on customers renewing those memberships year after year. Information technology specialists: sales and marketing, management, professionals (lawyers, physical scientists, healthcare professionals, turnover is costly. What does it mea(cid:374) to be (cid:862)co(cid:373)(cid:373)itted(cid:863): 3 forms of organizational commitment & how they differ: (combined they create an overall sense of psychological attachment to the company, 1. Continuance commitment a(cid:374) e(cid:373)ployee"s desire to re(cid:373)ai(cid:374) a (cid:373)e(cid:373)(cid:271)er of a(cid:374) organization due to awareness of the costs of leaving (cost-based reasons for staying: salary/benefits/promotions/concerns with uprooting a family: you stay because you have to. 6: minor illness, tired from social activities (#blow-co ayeee, oversleeping. O(cid:373)eti(cid:373)es i"(cid:373) a(cid:271)se(cid:374)t, sometimes i socialize, sometimes i come in late. I hate to (cid:373)iss (cid:449)ork, so i do (cid:449)hat"s needed to avoid being absent.