ECONOMICS
PRODUCTIVITY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Offer an incentive
|
|
|
Focus on specialization
|
|
|
Either A or B
|
|
|
None of the above
|
Detailed explanation-1: -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-2: -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-3: -Which programs boost employee motivation? Cash incentives and nonmonetary incentives alike can promote motivation, which can significantly increase productivity and, potentially, profits. The top three incentives are cash, gifts and experiences. Some examples of gifts are electronics, ride-share credit and gift cards.
Detailed explanation-4: -Buy one, get one free offers. Free bonus item with purchase. Free upgrade with purchase. Discounts, coupons, or sales. Sweepstakes where each purchase gains a customer an entry. 19-Dec-2022
Detailed explanation-5: -Compensation incentives. Compensation incentives tend to cover some of the more basic incentive options. Recognition incentives. Reward Incentives. Appreciation incentives.