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Equity Theory Can Be Used to Explain Consequences Stemming from Differences

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Essay

Equity theory can be used to explain consequences stemming from differences in pay.Assume many employees in a department feel underpaid.What do you predict their behavior and performance to be?


Definitions:

Myopia

A condition in which close objects appear clearly, but far ones don't.

Conceptualizing

The process of forming concepts or ideas to understand or explain various phenomena.

Visual Nearsightedness

A common eye condition characterized by difficulty seeing distant objects clearly while close objects appear normal, also known as myopia.

Additional Utility

The extra satisfaction or benefit derived from consuming one more unit of a good or service.

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