Which of the Following Components of Equity Theory Specifically Refers

question 60

Multiple Choice

Which of the following components of equity theory specifically refers to the fairness of an employee's pay compared with what his or her coworkers are earning for the same or very similar jobs within the company,based on each employee's performance?

• A) Pay equity legislation
• B) Procedural equity
• C) External equity
• D) Individual equity
• E) Employment equity

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Definitions:

Rent Seeking

The practice of gaining wealth without creating new wealth or value, often through manipulation of the social or political environment.

Rent Seeking

The activity of individuals or entities that seek to gain wealth through the manipulation of public policy or government allocation rather than through trade and the production of added value.

Lobbying Fees

Payments made to professional lobbyists for their services in influencing legislative or regulatory actions.

Propaganda

Information, often biased or misleading, used to promote a political cause or point of view.