Question
In the context of motivation, what is the term for the psychological state that arises when there is a perceived imbalance between efforts and rewards?
Solution
Equity theory suggests that individuals are motivated when they perceive that their inputs (efforts) are in balance with the outputs (rewards) they receive.
More Financial Management Questions
- Book-keeping is mainly concerned with?
- How can presenters avoid the use of jargon in their communication?
- What type of insurance will apply if a family member has broken his/her leg in an accident while on vacation in Singapore?
- Absolute poverty is measured using a fixed income threshold. Which unemployment type keeps people below this threshold even when they are counted as employ...
- Which of the following instruments is not a part of money market?
- What theory of motivation suggests that individuals are motivated by a hierarchy of needs, starting with basic physiological needs and progressing to highe...
- The concept of "morale" refers to the overall emotional and psychological state of a group or organization, influencing their willingness to cooperate and ...
- Which of the following models can be used to calculate the value of call and put option?
- Which term describes the percentage of each sales rupee that remains after a company has paid for its goods?
- Who is the new Managing Director and Chief Executive Officer (MD and CEO) of IndiaFirst Life Insurance?