ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The positive incentive gives employees a reward to work towards, while the negative incentive says there will be no reward unless employees meet their goals. They both have the same outcome, but the way employer phrases the incentive is different in each circumstance.

Detailed explanation-2: -Examples of positive incentives include recognition, promotions, raises and so forth. Negative incentives: Correct mistakes or discourage certain behaviors. Negative incentives include reprimands, demotions, pay decreases and other kinds of penalties.

Detailed explanation-3: -In the behavior plan, INCENTIVES are reminders of the reward and therefore of the goal and the plan. They help keep both the adult and the child on track. Incentives include your praise, encouragement, reminders as well as visual evidence of success such as stars, sticker, poker chips, check marks or “points”.

Detailed explanation-4: -Economic Incentives – Material gain/loss (doing what’s best for us) Social Incentives – Reputation gain/loss (being seen to do the right thing) Moral Incentives – Conscience gain/loss (doing/not doing the ‘right’ thing) 15-Jun-2014