ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Any reward or benefit that motivates people to do something.
A
incentive
B
money
C
bonus
D
financial gain
Explanation: 

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: -Motivation Incentives-Incentives to motivate employees. Incentive is an act or promise for greater action. It is also called as a stimulus to greater action.

Detailed explanation-3: -motivation and incentives provide a CAUSE for an action or behaviour, whereas rewards are a RESULT of the behaviour.

Detailed explanation-4: -rewards are the actual products you use to highlight performance. An incentive is promising that reward ahead of time in exchange for achievement. Recognition is the acknowledgement of effort or performance, and can include a reward if you choose.

Detailed explanation-5: -Recognition and rewards. Referral programs. Professional development. Profit sharing. Health and wellness. Tuition reimbursement. Bonuses and raises. Fun gifts. More items •20-Oct-2020

There is 1 question to complete.