Equity theory holds that employees who feel underpaid will decrease their level of effort and performance in response to feelings of inequity

Indicate whether the statement is true or false.

Answer: TRUE
Explanation: An underpaid individual will see inequity as discouraging and dispiriting. The more unfair the individual sees the situation to be, the less likely he or she is to be motivated to perform at a high level.

Business

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In a game of chance, the probability of winning a $50 prize is 40 percent, and the probability of winning a $100 prize is 60 percent. What is the expected value of a prize in the game?

A) $50 B) $75 C) $80 D) $100

Business

_________________: objective and subjective characteristics that are important to a buyer

Fill in the blank(s) with the appropriate word(s).

Business