Question: Theory: Equity Theory Define the theory. Explain the major components of the theory. Give examples to illustrate the definition and explanation. Use a hypothetical situation

  1. Theory: Equity Theory
  2. Define the theory.
  3. Explain the major components of the theory.
  4. Give examples to illustrate the definition and explanation.
  5. Use a hypothetical situation at a workplace to explain how managers should motivate employees using this theory.

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