What Is the Difference Between Extrinsic and Intrinsic Motivation? Give

question 48

Essay

What is the difference between extrinsic and intrinsic motivation? Give some examples of outcomes associated with each of these. Are you more motivated by extrinsic or intrinsic outcomes? Explain, using examples from your own life.

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Definitions:

Indented

A term not typically used in a financial or accounting context; it often refers to a formatting style where text is moved to the right from the margin of a document.

Withdrawals

Withdrawals refer to the amounts of money or other assets taken from a business by its owner(s) for personal use.

Wage Expense

Wage expense is the total amount of wages and salaries paid to employees by a company during a specific period of time.

Personal Use

The use of a company's assets for the owner's or employees' personal benefits, which can affect the taxable income of the business if not properly accounted for.