Equity Theory Uses the Ratio of Output You Get from Your

question 141

Multiple Choice

Equity theory uses the ratio of output you get from your job to the amount of ________.

• A)input you put into your job
• B)output a referent gets from a job
• C)benefit you get from your job
• D)compensation you get from your job

Distinguish between extrinsic and intrinsic rewards and their impact on employee motivation.

Appreciate the complexities and challenges involved in designing an optimal reward system.

Know the initial steps and strategies in formulating a compensation plan.

Understand the role of compensation in stakeholders' perspectives, including shareholders.

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Definitions:

Flexors

Muscles that decrease the angle between bones at a joint, functioning to bend or flex a part of the body.

Opposition

The movement that involves bringing the thumb and finger together.

Thumb

The first digit located on the lateral side of the hand, important for gripping and manipulating objects.

Olecranon Process

The pointed bone at the upper end of the ulna, around which the elbow joint forms and functions.