BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -[Equality] Fair is defined as just or appropriate in the circumstances. [Fairness] Equity is defined as the quality of being fair and impartial.

Detailed explanation-2: -The term “equity” refers to fairness and justice and is distinguished from equality: Whereas equality means providing the same to all, equity means recognizing that we do not all start from the same place and must acknowledge and make adjustments to imbalances.

Detailed explanation-3: -If fairness is the goal, equality and equity are two processes through which we can achieve it. Equality simply means everyone is treated the same exact way, regardless of need or any other individual difference. Equity, on the other hand, means everyone is provided with what they need to succeed.

Detailed explanation-4: -fair implies a proper balance of conflicting interests. a fair decision. just implies an exact following of a standard of what is right and proper. a just settlement of territorial claims. equitable implies a less rigorous standard than just and usually suggests equal treatment of all concerned.

Detailed explanation-5: -June 22, 2021 – Equity: the quality of being fair and impartial. Equality: the state of being equal, especially in status, rights and opportunities. It’s hard to see the difference between those two definitions, and many people assume they are synonymous.