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IBM Inc.has a project that costs $150,000.It has a 50% chance of paying off $300,000 and a 50% chance of paying off $50,000.What is the expected payoff and the expected profit or loss from the new project?
Personal Responsibility
The concept emphasizing an individual's obligation to manage their own actions, decisions, and well-being in various aspects of life.
Equity Theory
A theory in social psychology that explains how individuals perceive fairness in the distribution of resources within their interpersonal relationships.
Motivation
The psychological process that arouses and directs goal-oriented behavior.
Perceived Inequity
A feeling or perception that one's inputs or contributions are not being rewarded or recognized fairly relative to others.
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