In the Life Cycle of a Business,a Business That Has

question 46

Multiple Choice

In the life cycle of a business,a business that has peaked and is now in decline is most closely identified with ________.

• A)old age
• B)youth
• C)maturity
• D)infancy

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Definitions:

Adams' Theory

Refers to Equity Theory developed by J.Stacy Adams, suggesting that employees are motivated when they perceive their treatment at work as fair, especially in relation to others.

Inequity

A lack of fairness or justice within a situation or towards individuals or groups.

McGregor's Theory X/Y

A concept of human motivation within the organizational context, contrasting Theory X (people inherently dislike work) and Theory Y (work is natural and can be a source of satisfaction).

Preferences For Equity

The inclination toward fairness in allocations of rewards or resources among members of a group, based on the principle that contributions and benefits should be proportionate.