Lawrence Believes There Can Be Synergistic Effects Between Intrinsic and Extrinsic

question 34

Multiple Choice

Lawrence believes there can be synergistic effects between intrinsic and extrinsic motivation. In order to test this out, he gives his employees 25% of their work time to work on projects they are passionate about, even if it falls outside the scope of their job or is unrelated to the mission of the company. Lawrence is using which of the following psychological mechanisms?

• A) social learning theory
• B) motivation-work cycle match
• C) extrinsics in service of intrinsics
• D) intrinsics in service of extrinsics

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Definitions:

Dumping

The practice of selling a product in a foreign market at a price lower than the production cost or domestic market price, often to gain market share or dispose of surplus.

Heckscher-Ohlin Theorem

An economic theory stating that countries will export goods that use their abundant factors of production and import goods that use their scarce factors of production.

Quota

A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specific time period.

Subsidies

Subsidies are financial grants or support extended by governments to firms, individuals, or institutions to encourage the production or consumption of certain goods or services, or to support industries.