The correct statement concerning intrinsic and extrinsic rewards is
A) A cash bonus paid to an executive by the company is an intrinsic reward
B) A holiday paid for by the company for an executive is an extrinsic reward
C) Extrinsic rewards are non-cash incentives
D) All of the statements are true

Question

Quizplus · Accepted Answer

Extrinsic rewards are external to the individual and usually come in the form of tangible rewards such as bonuses or vacations. Therefore, a holiday paid for by the company is an example of an extrinsic reward. Option A is incorrect because a cash bonus is an example of an extrinsic reward. Option C is also incorrect because extrinsic rewards can be cash incentives. Option D is incorrect because option A is not true.

The Correct Statement Concerning Intrinsic and Extrinsic Rewards Is