EQUITY THEORY • This process theory focuses on workers’ perceptions of the fairness of their work outcomes and inputs. Specifically they strive to maintain ratios of their own rewards to contributions which are equal to others’ ratios . EQUITY EQUATIONS • Equity – Outcomes (self) Inputs (self) = Outcomes (other) Inputs (other) •Underpayment Inequity Outcomes (self) Inputs (self) • Overpayment Inequity Outcomes (self) Inputs (self) < Outcomes (other) Inputs (other) > Outcomes
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Compare and contrast the aims and methods of Trait Theory with those of Personal Construct Theory. What makes the world and the people in it so interesting is that everybody is different and they possess their own personalities that are unique to each individual. It has been particularly interesting for psychologists to study and understand the differences between people‚ hence the great amount of research and work that has been conducted in relation to individual difference. In particular‚ the
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The Stakeholder Theory Charles Fontaine Antoine Haarman Stefan Schmid - December 2006 - Stakeholder Theory of the MNC Index 1. Introduction ........................................................................................3 2. Basic idea of the Stakeholder Theory and Definition ....................3 2.1. 2.2. 2.3. 2.4. 2.5. The stakeholder concept – popular and trendy..........................................................................4 Different definitions of Stakeholder
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What is Dependence Theory? Dependency theory is a theory of how developing and developed nations interact. It can be seen as an opposition theory to the popular free market theory of interaction. Dependency theory was first formulated in the 1950s‚ drawing on a Marxian analysis of the global economy‚ and as a direct challenge to the free market economic policies of the post-War era. The free market ideology holds‚ at its most basic‚ that open markets and free trade benefit developing nations‚ helping
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Phlogiston Theory According to the phlogiston theory‚ propounded in the 17th century‚ every combustible substance consisted of a hypothetical principle of fire known as phlogiston‚ which was liberated through burning‚ and a residue. The word phlogiston was first used early in the 18th century by the German chemist Georg Ernst Stahl. Stahl declared that the rusting of iron was also a form of burning in which phlogiston was freed and the metal reduced to an ash or calx. The theory was superseded
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ERG Theory The ERG Theory is a motivational theory derived from Maslow’s Hierarchy of Needs. This theory was established in order to better serve employees of different organizations. Maslow’s Hierarchy was seen as not sufficient enough because of the idea that individuals could not go back and forth through the different needs. Different people are motivated differently and that is why the ERG theory was developed (Huitt‚ 2001). Motivation can be different for everyone‚ and in order to understand
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Game theory is defined as “the study of the ways in which strategic interactions among economic agents produce outcomeswith respect to thepreferences of those agents‚ where the outcomes in question might have been intended by none of the agents” by the Stanford Encyclopedia of Philosophy (Ross 1997). The disciplines most involved in game theory “are mathematics‚ economics and the other social and behavioral sciences” (McCain 1997). Game theory was created to confront the problem and provide a theory
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a situation as real‚ it is real only in its consequences. INTRODUCTION Labelling theory‚ stemming from the influences of Cooley‚ Mead‚ Tannenbaum‚ and Lemert‚ has its origins somewhere within the context of the twentieth century. However‚ Edwin Lemert is widely considered the producer and founder of the original version of labelling theory. This paper‚ not a summary‚ provides a brief history of labelling theory‚ as well as‚ its role in the sociology of deviance. It attempts to explore the contributions
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frameworks‚ theory and paradigms. In order to understand nursing science‚ I will discuss the historical development and explain the relationship between nursing profession and nursing science. Also‚ I will discuss how other disciplines can influence nursing science. This will help understand how theoretical thinking has evolved. Theory development and theory thinking was first intiated by Florence Nightingale. She presented the first nursing theory‚ the environmental theory. Her theory focused on
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Liberterian theory is a political philosophy that advocates free will‚ indivual rights‚ and voluntary cooperation. (Boaz‚ David 1997) The core doctrine of liberterianism begins with the recognition that people have certain natural rights to personal autonomy and property rights‚ and the right to ultilization of previoously unsued resourses. These two basic assumptions form the foundation of Liberterian ideas. Liberterianism can be tracked back to ancient China‚ where phillosopher Lao-tzu advocated
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