AP PSYCHOLOGY

Detailed explanation-1: -An intrinsic reward is essentially an intangible form of reward. So, its example could be an inner feeling of satisfaction and achievement. It also implies that such rewards that one receives are internal and self-earned and not provided by an entity outside of an individual.

Detailed explanation-2: -An intrinsic reward is an internal reward that employees achieve from completing their tasks or projects successfully. These rewards are mostly psychological and are based on the effort and abilities of a person.

Detailed explanation-3: -When talking about rewards, intrinsic rewards are those that originate from within the person, and extrinsic rewards are those that originate from something beyond the person.

Detailed explanation-4: -What is an extrinsic reward? An extrinsic reward usually has a monetary value and is given to an employee for achieving something. Examples include bonuses, pay raises and additional benefits.