Incentive Approaches to Motivation Are

question 126

Multiple Choice

Incentive approaches to motivation are:

• A)theories suggesting that a lack of some basic biological need produces a drive to push an organism to satisfy that need.
• B)theories suggesting that we try to maintain certain levels of stimulation and activity.
• C)theories suggesting that motivation stems from the desire to attain external rewards.
• D)theories suggesting that motivation is a product of people's thoughts,expectations,and goals.

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Definitions:

Contribution Approach

A cost accounting approach that separates fixed and variable costs to determine the contribution margin per unit and understand the impact on net income.

Financial Statements

Documents that provide an overview of a company’s financial condition, including balance sheet, income statement, and cash flow statement.

Sunk Cost

A cost that has already been incurred and that cannot be changed by any decision made now or in the future.

Potential Benefit

The expected advantages or positive outcomes that may result from a specific action, investment, or decision.