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What Do the E,R,and G Stand for in ERG Theory

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What do the E,R,and G stand for in ERG theory?


Definitions:

Intrinsic Motivation

The drive to engage in an activity for its inherent satisfaction or pleasure, rather than for some separable consequence or external reward.

Extrinsic Rewards

Extrinsic rewards are benefits provided by an external source, such as money, grades, or praise, which motivate individuals to perform an activity.

Open Innovation

A business model that encourages companies to utilize external as well as internal ideas and paths to market as they look to advance their technology or services.

Organizational Structures

The formal system of task and reporting relationships that controls, coordinates, and motivates employees so that they cooperate and work together to achieve an organization’s goals.

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