Which one of the following theories postulates that people are not concerned merely with the reward they get for their contributions, rather they compare their efforts and rewards with those of others?
A
Economic theory of motivation
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B
Motivation - hygiene theory
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C
Equity theory of motivation
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D
Hierarchy of needs theory.
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Solution
The correct option is C Equity theory of motivation
The Equity Theory of motivation suggested that human beings will be motivated to engage in an action or series of action if he or she perceives that the conditions of the situation are fair and just, ultimately benefitting the individual. According to the equity theory, a person will be motivated to work towards a goal if he is she feels that the amount of effort being put forth is equal to the amount of benefit being received upon completion.