Examlex
Discuss the requirement of consensus in the formation of contract. In your answer, consider the role of offer and acceptance and also look at the degree of understanding required between the parties.
Equity Theory
A theory of motivation that suggests individuals assess their own input-to-outcome ratios in comparison to others as a measure of fairness in relationships or work situations.
Content Theory
A theory that focuses on identifying and understanding the specific needs that motivate individuals to act in various ways.
J. Stacy Adams
Is known for developing the Equity Theory of motivation, which explains how individuals assess their job satisfaction and motivation through perceived fairness in the workplace.
Positive Inequity
A situation where an individual perceives they are receiving more than they believe they should in comparison to others, leading to a sense of unfair advantage.
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