Equity Exists When

question 46

Multiple Choice

Equity exists when

• A)rewards are distributed in proportion to individuals' contributions.
• B)partners share equally in the rewards of collective effort.
• C)rewards are distributed in relation to individuals' needs or deservingness.
• D)group members decide among themselves how rewards are to be distributed.

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Definitions:

Liability of Foreignness

Disadvantages faced by companies operating in a foreign market, including cultural differences, and legal and economic barriers.

Human Resources

A business function focused on the management of employee-related processes such as hiring, training, policy implementation, and benefits administration.

Geographic Proximate

The physical closeness or distance of places or entities, influencing interactions and relationships due to location.

Administrative Differences

Variations in the organization, procedures, or policies between different businesses, governments, or institutions.