Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What are incentives used for?
What are incentives used for?
- To decrease effort
- To discourage certain behaviors
- To reduce performance
- To influence certain desired behaviors (correct)
Incentives can be broadly broken down into which two categories?
Incentives can be broadly broken down into which two categories?
- Positive and Negative
- Intrinsic and Extrinsic (correct)
- Financial and Non-financial
- Direct and Indirect
What is the relationship between incentives and performance according to the 'law of behavior'?
What is the relationship between incentives and performance according to the 'law of behavior'?
- Higher incentives lead to higher performance (correct)
- Higher incentives lead to lower performance
- Lower incentives lead to higher performance
- There is no relationship between incentives and performance
Who most studies incentives?
Who most studies incentives?
Signup and view all the answers
What is a common method used by firms to motivate employees?
What is a common method used by firms to motivate employees?
Signup and view all the answers
