It further develops the basic principle of SET by emphasizing the evolution of relationships over time towards trusting, loyal and mutual commitments. To achieve this without any conflict, the parties must respect certain “rules” of exchange. Exchange rules constitute a “normative definition of the situation that is formed between the participants in an exchange relationship or is adopted by them” (Emerson, 1976: 351). In this way, SET asserts that exchange rules and norms are “the guidelines” for exchange processes. SET continues to be a theory that has been explored over the years and referenced by social psychologists, economists and anthropologists to study the interdependence between individuals or organizations. Interdependence requires all parties to exert equal effort in the operation of a process and is therefore inclined to integrate well in interorganizational relationships. This model was applied by Swedish researchers to study Wikham & Hall in 2012 to understand whether SET positively implied a positive employee response towards the organization and understood the relationship to be partially true. In the proposed study, the idea is to study this theory from both a developed and developing country perspective where the diversity of individual socio-economic needs will be studied in a more diverse manner and therefore the role of SET discipline in an organizational set.