Equity Theory, Cognitive Dissonance Theory, Social Exchange Theory and Triangular Theory

Provide a summary of each theoretical area:

Equity
Cognitive dissonance
Social exchange
Triangular
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The correct choice is (a) Equity.

Equity theory states that if we feel are that inputs are fairly and adequately rewarded by outputs then we are happy in our work and motivated to continue inputting at the same level. However if workers feel they are overpaid they also suffer low motivation, perhaps due to guilt, or they may use coping strategies, e.g., working …