How Do Employees Try to Restore Equity When They Perceive

question 120

Multiple Choice

How do employees try to restore equity when they perceive that they have been treated unfairly?

• A) by rationalizing inputs or outcomes
• B) by changing the referent
• C) by simply quitting their jobs
• D) by reducing the level of energy and time they input into a project
• E) by doing any of these

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Definitions:

Notes Payable

Short or long-term financial obligations represented by promissory notes that a business owes and has promised to pay by a certain date.

Common Stock

Equity securities that represent ownership shares in a company, providing voting rights and potential dividends to shareholders.

Days' Sales in Inventory

A financial metric indicating the average number of days a company takes to sell its inventory.

Statement of Financial Position

Another term for a balance sheet, which is a financial document that provides a snapshot of an entity’s assets, liabilities, and shareholders' equity at a specific point in time.