What Is the Difference Between Intrinsic and Extrinsic Motivation

question 60

Essay

What is the difference between intrinsic and extrinsic motivation?

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Definitions:

Behavioral Segmentation

The process of dividing a market into groups based on consumer behavior patterns as they relate to the use of a product or service.

Consumer Markets

Markets consisting of individuals and households that purchase goods and services for personal consumption.

Product Usage

The manner in which a consumer uses a product, which can influence product development, marketing strategies, and customer satisfaction.

Market Segment

Refers to the division of the potential market into distinct groups of customers with common needs or characteristics.