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Equity Theory Involves Two Factors

question 24

Essay

Equity theory involves two factors. What are these factors and how are they related?


Definitions:

Contract

A legally binding agreement between two or more parties, outlining obligations and rights concerning a specific transaction or relationship.

Consequences

The results or outcomes of actions, which can be positive or negative depending on the behavior or choices made.

Behavior Change

Modification of human actions or reactions through various techniques and practices for improvement or treatment purposes.

Change Manager

A professional responsible for overseeing and facilitating the process of organizational change to achieve the desired outcome.

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