According to Equity Theory

question 81

Multiple Choice

According to equity theory:

• A) we compare ourselves with a comparison other only when we are certain that inequity exists.
• B) our comparison other never exists in real life.
• C) our comparison other is always someone in another organization.
• D) we choose people as comparison others only when we know that they receive fewer outcomes than we do.
• E) none of these statements is true.

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Definitions:

Income Security Benefit

Financial assistance provided by government or private entities to individuals, ensuring a minimum level of income for those who are unemployed, disabled, or retired.

Supplemental Unemployment Benefits

Additional financial benefits offered to unemployed individuals that supplement their regular unemployment compensation.

Financial Services

A broad range of services offered by the finance industry, including banking, insurance, investment, and estate planning, among others.

Guaranteed Annual Wage

A financial agreement where an employer ensures an employee receives a minimum income for a specified number of hours worked or not worked over a year.