Explain Why the Law of Equity Developed

question 18

Essay

Explain why the law of equity developed.

Understand how public discipline strategies and punishments affect behavior and societal perceptions.

Calculate weekly salary expenses for different employee roles within a small company.

Analyze and interpret monthly revenues and apply statistical measures to summarize business data.

Determine quartiles and apply quartile calculations to real-world data sets.

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Definitions:

Power

The ability or capacity to influence or control the behavior of others or the course of events.

Leadership

“The process of influencing the activities of an organized group in its efforts toward goal setting and goal achievement” (Stogdill, 1950, p. 3).

Mobilization of Bias

The process by which the interests of certain groups are prioritized or favored in society or organizations through the control of norms, agendas, and beliefs.

Public Consideration

The act of taking into account the welfare, opinions, or needs of the general public or community in decision making.