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Briefly explain how stereotypes can help us.
Extrinsic Rewards
Rewards given to employees that are external to the job itself, such as pay, benefits, bonuses, and promotions, aimed at motivating employees' performance.
Internal Promotions
The practice of filling vacancies within an organization by promoting existing employees rather than hiring externally.
Employee Stock Plans
Programs allowing employees to purchase or receive shares in the company they work for, often at advantageous conditions.
Classical Management
A theory of management that emphasizes rationality, efficiency, and a hierarchical structure of control, typically associated with the early 20th century.
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