Exchange Theory Predicts That We Will Stay in an Unhappy

question 16

Multiple Choice

Exchange theory predicts that we will stay in an unhappy marriage when

• A) the costs of leaving are equal to the costs of staying.
• B) the costs of leaving are greater than the rewards of leaving and/or the costs of staying.
• C) the costs of leaving are equal to the rewards of leaving.
• D) none of the above, exchange theory predicts we will always leave an unhappy marriage.

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Definitions:

Empowerment

Involves giving employees the authority, resources, and responsibility to manage their own tasks and make decisions, aiming to increase their influence and performance within the organization.

Product Market

The marketplace where final goods or services are traded between sellers and consumers or businesses.

Pay Grades

Sets of jobs having similar worth or content, grouped together to establish rates of pay.

Market Rates

The prevailing price or salary range for goods, services, or labor in a specific industry or geographic area.