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:

Organizational Culture

The shared values, beliefs, and norms that influence the way employees think, feel, and behave within an organization.

Pragmatic Understanding

A practical approach to comprehending subjects, focusing on the practical application and effectiveness of knowledge rather than theoretical or abstract aspects.

Organizational Culture

The collection of values, expectations, and practices that guide and inform the actions of all team members within an organization.

Competitive Atmosphere

An environment characterized by rivalry among individuals or organizations striving for the same objective, such as a market or sector.