As a Motivational Technique, Letting Employees Know They've Done a Good

question 287

True/False

As a motivational technique, letting employees know they've done a good job is not as powerful as providing them with a bonus.

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Definitions:

Marginal-cost-marginal-benefit Rule

A principle suggesting that optimal decision making involves continuing an activity until the additional benefits no longer exceed the additional costs.

Cost-benefit Analysis

A systematic approach to estimating the strengths and weaknesses of alternatives used to determine options that provide the best approach to achieve benefits while preserving savings.

Economic Project

A planned undertaking, typically with specific goals and financial frameworks, aimed at contributing to economic development or addressing economic issues.