equitable

Examples of equitable in the following topics:

• Fairness

  • Treating employees equitably enables substantial organizational benefits while avoiding unethical operations and the corresponding consequences.
  • Awareness of potential fairness pitfalls, and ensuring that all employees feel valued and equitably treated, can avoid a wide variety of ethical and operational problems, while maximizing employee performance through providing a healthy environment for people to flourish and grow.
  • There are many overt and subtle outcomes of treating employees equitably.
  • While there are many more examples of consequences avoided and benefits achieved from an ethical operational approach, this paints a clear picture of why it is important and how to frame manager's perspectives to ensure equitable behavior.

• Assessing and Restoring Equity

  • Organizations can ensure collective rewards are maximized through the use of accepted systems for equitably rewarding members.
  • The only way groups can ensure equitable practices are observed is by making it more profitable to behave equitably than inequitably.
  • Thus, an organization will generally reward members who treat others equitably and generally punish (increase the cost for) members who treat others inequitably.

• Liabilities

  • Liabilities in financial accounting need not be legally enforceable, but can be based on equitable obligations or constructive obligations.
  • An equitable obligation is a duty based on ethical or moral considerations.

• Trading off Equity and Efficiency

  • Taxes may be considered equitable if they are administered in accordance with the definition of either horizontal or vertical equity.

• Social Impacts of Monopoly

  • To understand why trends towards consolidation are so dangerous it is useful to frame why competition is of such critical value to equitable markets, particular from a consumer perspective.
  • This allows for revenues, costs, price, and quantity to achieve a balance where the consumer is provided with the optimal amount of a good at the most equitable price.
  • Note that the overall returns derived, costs incurred, quantity produced, and price point all align perfectly to generate an equitable market position.

• Antitrust Laws

  • Antitrust laws ensure that competitive environments are preserved in order to maintain an efficient and equitable capitalistic system.
  • Antitrust laws perform the critical task of ensuring that competitive environments are preserved in order to maintain an efficient and equitable capitalistic system for firms to operate in.

• Motivating and Compensating Salespeople

  • Employees are best motivated through effective job design, equitable compensation, and treatment as stakeholders in the company.
  • The first consideration for designing a compensation system is that the base pay system needs to be internally equitable.

• Equity Theory

  • A) Individuals can maximize collective rewards by evolving accepted systems for equitably apportioning resources among members.
  • B) Groups will generally reward members who treat others equitably and generally punish members who treat each other inequitably.
  • Employees determine what their equitable return should be after comparing their inputs and outcomes with those of their coworkers, a concept referred to as "social comparison."

• Selling Orientation

  • In today's realm of marketing, selling has developed into a holistic business system required to effectively develop, manage, enable, and execute a mutually beneficial, interpersonal exchange of goods and services for equitable value.

• Financing the US Government

  • For example, income taxes due to their progressive nature are used to equitably derive revenue by differentiating tax rates by income strata.