63 790
Assignments Done
99,3%
Successfully Done
In August 2018

Answer to Question #10828 in Finance for Sag e Raza

Question #10828
what is interpersonal equity? what is its definition?
Expert's answer
Partners’ Interpersonal Equity (PIE). This is an important elaboration on the matter of fairness—something which makes or breaks many partnerships. PIE includes an examination of what each partner plans on contributing to the business, such as money, expertise, reputation, and clients. It’s never as simple as money, though money is important. Also important are indirect compensation, time off, titles and positions, power, control and authority, and freedom to travel or the freedom not to travel. What the partners will receive from one another is definitely worth including, such as trust and cooperation, recognition, predictability, and a positive attitude. It is crucial to know what your partners value—and give them as much of what they value as possible—because a positive sense of interpersonal equity is motivating. A feeling that one’s partners are getting more out of the partnership leads to what we call partnership distress syndrome. Remember, when it comes to fairness and PIE, it’s the partners’ perceptions of what everyone is putting in and taking out that’s paramount, not necessarily the reality.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

Assignment Expert
13.02.13, 15:23

You're welcome. We are glad to be helpful.
If you really liked our service please press like-button beside answer field. Thank you!

Emeka Nwalozie
13.02.13, 11:28

Surprise!! I wasn't expecting to get this from you,however, I am impressed.thanks.

Assignment Expert
12.02.13, 14:53

You're welcome. We are glad to be helpful.
If you really liked our service please press like-button beside answer field. Thank you!

Emeka Nwalozie
08.02.13, 16:29

This is just simple and down to earth,the explanation is precise and good enough

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions