Examlex
Strategic groups within an industry compete amongst themselves even though their business models may vary greatly.
Equity
Equity refers to fairness or justice in the way people are treated. In financial contexts, it also represents the ownership interest of shareholders in a corporation.
Equity Theory
A theory in social psychology that explains how individuals gauge the fairness of their work outcomes and inputs relative to others.
Expectancy Theory
A motivational theory suggesting that individuals are motivated to perform if they believe their efforts will lead to desired performance and rewards.
Retributive Justice Theory
A theory of justice that holds that the best response to a crime is a punishment proportional to the offense, inflicted because the offender deserves the punishment.
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