Efficiency Refers to the Degree to Which Costs Are Reduced

question 2

True/False

Efficiency refers to the degree to which costs are reduced without reducing effectiveness.

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Definitions:

Motivating State

A psychological condition or environment that encourages individuals to act in a particular way or pursue a specific goal.

Equity Theory

A theory in social psychology that explains how individuals perceive the fairness of their input-to-output ratios in comparison to others, affecting their motivation and satisfaction.

Feelings of Inequity

Feelings of inequity occur when individuals perceive that they are not being treated fairly in comparison to others, which can affect motivation and satisfaction.

Negative Inequities

Situations in which individuals perceive that their contribution to an endeavor is not being fairly compensated.