One of the determinants of employees' willingness to exert effort is the degree to which they value the rewards offered by the organization.

True.

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).

Hence, while an employer may be the owner of a business firm or company, an employee is a subordinate employed to provide unwavering services to the employer while also, being professional and diligent at all times.

An equality norm refers to a reward system in which the employer or human resource manager decide to compensate or pay the entire workforce the same amount of money without discrimination or favoritism.

Basically, it's paid regardless of individual productivity levels, in order to promote the ability to work effectively in groups.

However, one of the determinants of employees' willingness to exert effort is the degree to which they value the rewards offered by the organization. These rewards usually includes salary, overtime, transportation (car), house, pension, healthcare, allowances, etc.

Hence, the willingness of an employee to put in his best at his place of work by exerting more effort, is largely dependent on the reward system designed and being implemented in the organization.

For example, an employee who's given an official car with a driver, apartment, healthcare and work bonus is more inclined to perform excellently and loyal to his employer.

answer; encouraging the development of innovations by firms attempting to break a monopoly; (creative destruction)