According to the _____ Theory, Relative Pay Is Important as Employees

question 8

Multiple Choice

According to the _____ theory, relative pay is important as employees evaluate their pay-effort balance in comparison to other employees.

• A)equity
• B)expectancy
• C)agency
• D)reinforcement

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Definitions:

Business Proposal

A document designed to offer specific goods or services to a potential buyer or client.

Overhead Costs

The ongoing expenses not directly attributed to creating a product or service but necessary for running a business, such as rent, utilities, and administrative salaries.

Budget

An estimate of income and expenditure for a set period of time, often used for planning and managing finances.

Statement Of Needs

A documented expression of the requirements or necessities that a project, proposal, or program aims to address or fulfill.