If an Employee Compares How Much Effort He Puts in at Work

question 29

Multiple Choice

If an employee compares how much effort he puts in at work and feels undercompensated for that effort, he may reduce his effort in the future, according to ____.

• A)job satisfaction theory
• B)equity theory
• C)transformational leadership theory
• D)O*NET theory

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Definitions:

Profit Equation

The formula that calculates profit by subtracting total expenses from total revenue.

Total Revenue

The overall income generated by a business from all its sales activities before any costs or expenses are deducted.

Total Cost

The complete cost of production, including both fixed and variable costs, or the entire expense incurred in a transaction.

Price-Setting Process

The approach or methodology used by businesses to determine the selling price of their products or services.