Equity Theory Suggests That Partners in a Relationship Tend to Desire

question 21

Essay

Equity theory suggests that partners in a relationship tend to desire equality in terms of what they are giving to and taking from a relationship.Describe how equity occurs between acquaintances, and how it occurs between family members, close friends, or long-term romantic relationships.

---

Definitions:

Cash Conversion Cycle

A metric that shows the number of days it takes for a company to convert its investments in inventory and other resources into cash flows from sales.

Average Inventory

An accounting metric that estimates the value or quantity of inventory over a period to assess company efficiency.

Accounts Receivable

Funds that customers owe to a business for the products or services received but not yet paid for.

Aggregate Demand

The entirety of consumer and business demand for goods and services in an economy, assessed at an overall price level within a defined time span.