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In applying equity theory in the workplace, effective managers realize that
Need for Achievement
A psychological trait that drives individuals to pursue and attain goals.
Efficiency
The ability to accomplish a task or goal with the minimal waste of time, effort, and resources.
Solve Problems
The process of finding solutions to difficult or complex issues.
Alderfer's ERG Theory
A motivational theory positing that there are three groups of core needs: existence, relatedness, and growth, which influence human behavior.
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