According to Equity Theory

question 217

Multiple Choice

According to equity theory

• A)everyone has the same needs over their working life.
• B)employees must set their own goals.
• C)improving job security and working conditions will improve job satisfaction and, consequently, employee motivation.
• D)the importance of inputs and outcomes varies from one person to the next.
• E)money should never be used to motivate employees.

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Definitions:

Wholesale Costs

The price charged for goods or materials when sold in large quantities to retailers or other businesses, as opposed to retail prices charged to consumers.

Overhead Expenses

Costs not directly tied to the production of goods or services but necessary for running a business, such as rent and utilities.

Fraction Form

A mathematical expression representing the division of one quantity by another.

Partnership Agreement

A legal document that outlines the terms and conditions among business partners regarding their business engagement.