The Basic Principle of Equity Theory Is That Employees Try

question 118

True/False

The basic principle of equity theory is that employees try to maintain fairness between their efforts and their compensation compared to others in similar positions.

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Definitions:

Managers

Managers are individuals responsible for planning, directing, and overseeing the operations and employees within an organization.

Occupancy Rate

A metric used in real estate to show the percentage of rented or used space compared to the total available space.

Guests

Individuals who visit or are invited to a place or event.

Work in Process Inventory

Goods that are in the production process but not yet completed.