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You Get a Lower Grade in a Course Than Your

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You get a lower grade in a course than your friend did even though you studied more during the semester and attended class more often. As a result, equity theory predicts that you might convince yourself that "Grades aren't all that important. After all, lots of people who succeed in the real world didn't make good grades in school."


Definitions:

Externally Supplied

Refers to goods, services, or resources that are provided by external entities or suppliers outside of the organization.

Sales Forecast

An estimation of the sales revenue a company expects to achieve in a future period under a given set of conditions.

Financial Planning

Financial planning involves evaluating one's current financial status and making strategies to achieve future goals and financial stability.

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