Motivation Based on Performing an Activity to Obtain a Reward

question 595

Multiple Choice

Motivation based on performing an activity to obtain a reward or avoid a punishment is called __________, whereas performing an activity for its own sake is referred to as _______________ motivation.

• A)extrinsic; intrinsic
• B)intrinsic; extrinsic
• C)internal; external
• D)immature; mature

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Definitions:

Public Good

This is a good that is non-excludable and non-rivalrous in consumption, meaning it can be used by everyone and one's use does not diminish another's.

Costs

The outlay or expenditure (monetary or otherwise) incurred by a business or individual in the process of producing or offering goods and services.

Benefits

The advantages or positive outcomes that come from specific actions, policies, or investments.

Principal-Agent Problem

The conflict that arises when the goals of principals, such as shareholders, differ from those of agents who make decisions on behalf of the principals, like executives.