The fairness concept of equity and compensation implies that everyone should have equal ownership in an organization.

Question

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The fairness concept of equity and compensation does not necessarily imply that everyone should have equal ownership in an organization. It means that individuals should be compensated fairly based on their contributions to the organization, taking into account factors such as skill level, experience, and job responsibilities. Ownership in an organization is determined through the allocation of shares, which may vary depending on various factors such as investment and performance.

The Fairness Concept of Equity and Compensation Implies That Everyone