Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question
Chapter 10.1, Problem 10.1AQ
Summary Introduction
To determine: The type of motivator by which an employee is strongly motivated.
Introduction:
An intrinsic reward is the individual’s contentment when he or she accomplish objectives and perform efficiently. Intrinsic reward comes from inside the individual.
An extrinsic reward is the contentment from the tangible benefit, generally in the financial form received as recognition for efficient performance. It includes rise in pay, bonuses, and promotions.
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Oftentimes, as employees, we find ourselves lamenting how overworked and underpaid we are. One of the challenges of managers and leaders is motivating employees. While we would probably agree giving an employee more money is a powerful motivator, what else could an employer do in order to motivate others to perform to their fullest potential? Please also discuss what your company (if you are currently employed), or another company you are familiar with, currently does that is a great motivator, or is a unique employee benefit.
in 200 words.
What motivates people in the workplace? Money? Flexibility? Recognition? There are both intrinsic and extrinsic factors that come into play in motivating a workplace. Listen to Daniel Pink in this Ted Talk: https://www.ted.com/talks/dan_pink_the_puzzle_of_motivation. Discuss the difference between intrinsic and extrinsic motivators, provide an example of each, and discuss two points that you found really interesting in this video.
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Chapter 10 Solutions
Understanding Business
Ch. 10.1 - Prob. 10.1AQCh. 10.1 - Prob. 10.1BQCh. 10.4 - Prob. 1TPCh. 10.4 - Prob. 2TPCh. 10.4 - Prob. 3TPCh. 10.4 - Prob. 4TPCh. 10.5 - Prob. 10.5AQCh. 10.5 - Prob. 10.5BQCh. 10.6 - Prob. 5TPCh. 10.6 - Prob. 6TP
Ch. 10.6 - Prob. 7TPCh. 10.6 - Prob. 8TPCh. 10.7 - Prob. 10.7AQCh. 10.7 - Prob. 10.7BQCh. 10.8 - Prob. 10.8AQCh. 10.8 - Prob. 10.8BQCh. 10.8 - Prob. 9TPCh. 10.8 - Prob. 10TPCh. 10.8 - Prob. 11TPCh. 10 - Prob. 1CECh. 10 - Prob. 2CECh. 10 - Prob. 3CECh. 10 - Prob. 1DCSCh. 10 - 2. Look over Maslows hierarchy of needs and try to...Ch. 10 - Prob. 3DCSCh. 10 - Prob. 4DCSCh. 10 - Prob. 5DCSCh. 10 - Prob. 1PPTCh. 10 - Prob. 2PPTCh. 10 - Prob. 1VCCh. 10 - Prob. 2VCCh. 10 - Prob. 3VC
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