Rewards Need Not Be Significant to Each Individual Employee; So

question 112

True/False

Rewards need not be significant to each individual employee; so long as the reward is significant to some,the reward will still motivate the employee.

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Definitions:

Personal Financial Risk

The potential loss of personal assets or wealth due to poor investment decisions or economic downturns.

Inventive

Characterized by creativity and the ability to develop new ideas or things, often leading to innovation.

Entrepreneurs

Individuals who initiate, manage, and accept the risks of starting and running a new business venture.

Start-up Businesses

Companies in their early stages of operation, focusing on a unique product or service aiming to meet a market need or solve a problem.