Explain Social Referencing

question 9

Essay

Explain social referencing.

---

Definitions:

Equity

The concept of fairness and justice within the context of finance, employment, and law, often referring to balancing interests and ensuring fair treatment.

Unethical Behaviour

Actions that deviate from accepted moral norms, often harming others or the organization.

Piece-Rate

A pay system in which individual workers are paid a certain sum of money for each unit of production completed.

Lump Sum Bonus

A one-time payment given to an employee as a reward for performance or for completion of a project.