5 Questions
What are incentives used for?
To influence certain desired behaviors
Incentives can be broadly broken down into which two categories?
Intrinsic and Extrinsic
What is the relationship between incentives and performance according to the 'law of behavior'?
Higher incentives lead to higher performance
Who most studies incentives?
Economic analysts
What is a common method used by firms to motivate employees?
Increase performance evaluation
Test your knowledge on incentives and their impact on behavior with this quiz. Explore the various types of incentives and learn how they can influence desired behaviors. Discover the relationship between incentives, effort, and performance.
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