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According to Stacy Adams,equity Theory Predicts That When People Perceive

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According to Stacy Adams,equity theory predicts that when people perceive inequity in their situation as compared to others,they may change work inputs by putting less effort into their jobs,change the rewards received by asking for better treatment,change the comparison points by finding ways to make things appear better,or change the situation by leaving the job.


Definitions:

Mutually Exclusive Project

Projects where the acceptance of one project means the others cannot be pursued due to constraints like budget, resources, or project scope.

Net Present Value (NPV)

Net Present Value is the difference between the present value of cash inflows and outflows over a period of time, used in capital budgeting to assess the profitability of an investment.

Present Value

The worth at present of future monetary sums or cash flow streams, evaluated with a preset rate of return.

Cash Flows

The sum of funds flowing in and out of a company, particularly as it influences liquidity.

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