intrinsic rewards

BMF – May 2018 – L1 – SB – Q1 – Basic Management Functions

Discusses types of rewards and benefits of management by objectives.

Question

In order to make subordinates perform better, managers can use different types of reward systems. Assuming you are a manager in an accounting firm, you are required to:
a. Define a reward system. (1 Mark)
b. Explain intrinsic and extrinsic rewards. (2 Marks)
c. List SIX examples each of intrinsic and extrinsic rewards that your subordinates could receive from doing their jobs. (12 Marks)
d. State TWO extrinsic rewards you could give to your subordinates. (2 Marks)
e. State THREE benefits of management by objectives (MBO). (3 Marks)

Answer

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Tags: Extrinsic Rewards, intrinsic rewards, MBO, Reward System
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2018

BMF – Nov 2023 – L1 – SA – Q18 – Business and Organizational Structures and Choices

Example of intrinsic rewards

Question

Which of the following is NOT an example of intrinsic rewards?
A. Sense of achievement in doing the work
B. Sense of recognition for doing the work
C. Enjoying the status that the job provides
D. Award of a company car
E. Pride in doing the work

Answer

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Tags: intrinsic rewards
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: NOV 2023

BMF – May 2018 – L1 – SB – Q1 – Basic Management Functions

Discusses types of rewards and benefits of management by objectives.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Extrinsic Rewards, intrinsic rewards, MBO, Reward System
Level: Level 1

Topic: Basic Management Functions
Series: MAY 2018

BMF – Nov 2023 – L1 – SA – Q18 – Business and Organizational Structures and Choices

Example of intrinsic rewards

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: intrinsic rewards
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: NOV 2023

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BMF – May 2018 – L1 – SB – Q1 – Basic Management Functions

Discusses types of rewards and benefits of management by objectives.

BMF – Nov 2023 – L1 – SA – Q18 – Business and Organizational Structures and Choices

Example of intrinsic rewards

BMF – May 2018 – L1 – SB – Q1 – Basic Management Functions

Discusses types of rewards and benefits of management by objectives.

BMF – Nov 2023 – L1 – SA – Q18 – Business and Organizational Structures and Choices

Example of intrinsic rewards

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BMF – May 2018 – L1 – SB – Q1 – Basic Management Functions

Discusses types of rewards and benefits of management by objectives.

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BMF – Nov 2023 – L1 – SA – Q18 – Business and Organizational Structures and Choices

Example of intrinsic rewards

You're reporting an error for "BMF – Nov 2023 – L1 – SA – Q18 – Business and Organizational Structures and Choices"

BMF – May 2018 – L1 – SB – Q1 – Basic Management Functions

Discusses types of rewards and benefits of management by objectives.

You're reporting an error for "BMF – May 2018 – L1 – SB – Q1 – Basic Management Functions"

BMF – Nov 2023 – L1 – SA – Q18 – Business and Organizational Structures and Choices

Example of intrinsic rewards

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