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question 23

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According to J. 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:

Excess Benefit Transaction

Transactions in which the economic benefits provided by a nonprofit organization to or for the use of a disqualified person exceed the value of the consideration received by the organization.

Employee Compensation

Refers to the salary, wages, and benefits provided to employees in exchange for their work.

Service Contract

A legal agreement between two parties where one agrees to provide a specified service to the other for a specified price and period.

Exceptional Boards

Governing bodies of organizations that are highly effective in providing strategic direction, oversight, and support to ensure success and mission fulfillment.

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