Extrinsic Rewards Are____________

question 107

Multiple Choice

Extrinsic rewards are____________ .

• A) intangible
• B) exemplified by bonuses, trophies, and plaques
• C) exemplified by a sense of accomplishment at the conclusion of a difficult assignment
• D) rewards associated with performing a task for its own sake
• E) much more effective motivators than intrinsic rewards

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Definitions:

Law Of Small Numbers

Tendency to overstate the probability that a certain event will occur when faced with relatively little information.

Anchoring

A cognitive bias in decision making where an individual relies too heavily on an initial piece of information to make subsequent judgments.

Framing

The way information is presented or structured, influencing perception and decision-making.

Overestimating

The action of assessing something or someone as greater, larger, or more important than it is in reality.