Explain the Few Ways in Which Reward Systems Can Influence

question 46

Essay

Explain the few ways in which reward systems can influence a company's success (or failure).

---

Definitions:

Low Self-esteem

A condition where an individual holds a low regard for oneself, characterized by a lack of confidence and feeling unworthy or incapable.

Higher-status Jobs

Positions in an organization or profession that are considered to have more prestige, authority, and responsibility compared to others.

Negative Feedback

Critique or information about an individual's performance that indicates what they have done wrong or what could be improved.

Internal Locus

A psychological concept indicating that an individual believes they can control their own life and decisions, as opposed to external forces determining their path.