If You Are a Manager and Wish to Encourage Intrinsic

question 95

Multiple Choice

If you are a manager and wish to encourage intrinsic motivation in your employees, you should

• A) give regular salary increases to the person who shows the highest production and the least absences.
• B) give monetary bonuses to those that are the most innovative in solving problems.
• C) find out what each of your employee's interests and career goals are.
• D) do all of these.

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Definitions:

Economic Freedom

The degree to which individuals and businesses can make economic decisions without government intervention.

Central Planning

A system where the government or a centralized authority makes all decisions about the production and distribution of goods and services.

Industry Output

The total production of goods and services by all firms in a particular industry over a specific time period.

Chain Reaction

A sequence of reactions where a reactive product or by-product causes additional reactions to take place, often leading to a self-sustaining series of events.