ECONOMICS
INCENTIVES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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income
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tip
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sales tax
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discount
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Detailed explanation-1: -Monetary incentives include profit sharing, project bonuses, stock options and warrants, scheduled bonuses (e.g., Christmas and performance-linked), and additional paid vacation time. Traditionally, these have helped maintain a positive motivational environment for associates.
Detailed explanation-2: -Retailers and manufacturers use monetary incentives to motivate customers to make purchases and increase spending. These commonly take the form of sales, rebates, and coupons. Sales at the retailer or manufacturer level temporarily reduce the purchase price of a product.
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: -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