Describe the Factors That Influence the Ability of Rewards to Motivate

question 67

Essay

Describe the factors that influence the ability of rewards to motivate individuals or a team to high performance.Give an example from your own experience of a reward you have received and characterize it as motivational or not motivational as examined by the key factors.

Understand the importance of internal and external validity in experiments.

Appreciate that social psychology investigates how people are impacted by others.

Understand the fundamental processes of testing a scientific hypothesis in psychology.

Grasp the concept of independent and dependent variables in experimental design.

---

Definitions:

Marketing Environment

The various external forces, such as social, economic, political, and technological factors, that affect a company's marketing strategies and operations.

Domestic And Foreign Cars

Classifications of cars based on their country of origin; domestic cars are produced within one's own country, whereas foreign cars are imported.

Oligopoly

A market structure characterized by a small number of firms controlling the majority of market share, leading to limited competition.

Price Competition

A market strategy where businesses attempt to attract customers by undercutting competitors' prices.