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You Graduated from College Two Years Ago and Began Working

question 68

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You graduated from college two years ago and began working at Gulf Electronics. You have received good performance evaluations and a raise. You just found out that a recent college graduate with no experience has been hired at a higher salary than you are now making.
-Your referent comparison for equity theory is termed ___________.


Definitions:

Profit Principle

The concept that business operations should aim to maximize earnings over costs.

Employee Satisfaction

The level of contentment employees feel toward their jobs, which can impact their performance, loyalty, and overall morale.

Absenteeism

The frequent or habitual absence from work or obligations without valid reasons, leading to impacts on productivity and operations.

Implemented Suggestions

Recommendations or ideas that have been put into action within a project, organization, or system to improve efficiency, performance, or outcomes.

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