ECONOMICS
INCENTIVES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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incentive
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money
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bonus
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financial gain
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Detailed explanation-1: -The incentive theory of motivation is a behavioral theory that suggests people are motivated by a drive for incentives and reinforcement. The incentive theory also proposes that people behave in a way they believe will result in a reward and avoid actions that may entail punishment.
Detailed explanation-2: -The definition of an incentive is: a thing that motivates or encourages one to do something. The definition of a reward is: a thing given in recognition of service, effort, or achievement, or; a fair return for good behaviour.
Detailed explanation-3: -Recognition and rewards. Referral programs. Professional development. Profit sharing. Health and wellness. Tuition reimbursement. Bonuses and raises. Fun gifts. More items •20-Oct-2020
Detailed explanation-4: -Improving business goals. Improving quality of work. Increasing morale. Improving motivation. Encouraging teamwork. Increasing engagement. Encouraging company loyalty. Retaining talent. More items •04-Aug-2022