The price elasticity of demand can be calculated using the formula: Price elasticity of demand = (Percentage change in quantity demanded) / (Percentage change in price). In this case, the price of good X increased by 80% (from $10 to $18), resulting in a 20% decrease in quantity demanded (from 25 units to 20 units). Therefore, the price elasticity of demand is 0.25, and it is inelastic.
The price elasticity of demand measures the responsiveness of the quantity demanded of a good to a change in its price. It is calculated by dividing the percentage change in quantity demanded by the percentage change in price. In this scenario, the percentage change in price is calculated as (18 - 10) / 10 = 0.8, which is an 80% increase. The percentage change in quantity demanded is calculated as (20 - 25) / 25 = -0.2, which is a 20% decrease.
Using the formula, we find that the price elasticity of demand is -0.2 / 0.8 = 0.25. Since the price elasticity is less than 1, it is considered inelastic. This means that the quantity demanded is relatively unresponsive to changes in price. In other words, even with a significant increase in price, the decrease in quantity demanded is relatively small. Therefore, the correct answer is option C: Price elasticity of demand is 0.25, and it is inelastic.
To learn more about price elasticity click here: brainly.com/question/29615048
#SPJ11
pls help me I need it so pls Help me with this!
Answer:
list things like your goal for that certain class or what grade you want to achieve or what kind of school work you like doing in certain classes
Explanation:
In a business setting, what types of organizations would place greater value on security rather than convenience? what types of organizations would prioritize convenience over security? What other industries can you identify that would benefit from the ability to capture large quantities of data in real time, analyze the data, and then use the results of those analyses to make better decisions?
Organizations handling sensitive information prioritize security, while those in industries where customer experience is key may prioritize convenience. Industries that could benefit from real-time data capture and analysis include logistics, transportation, manufacturing, sports, and entertainment.
Organizations dealing with sensitive data, such as healthcare providers, financial institutions, and government agencies, would prioritize security over convenience due to the need to protect confidential data and the potential for cyber threats.
Conversely, businesses in industries like retail and hospitality may prioritize convenience over security to provide customers with a seamless and frictionless experience.
Several industries could benefit from capturing and analyzing real-time data to make better decisions, including logistics, transportation, and manufacturing.
A logistics company can optimize delivery routes and track shipments to reduce costs and increase efficiency. Similarly, a manufacturer can monitor production processes, identify bottlenecks and inefficiencies, and improve quality control.
Additionally, industries such as sports and entertainment can use real-time data to enhance the fan experience by providing personalized recommendations and targeted marketing.
In summary, organizations handling sensitive information prioritize security, while those in industries where customer experience is key may prioritize convenience.
Industries that could benefit from real-time data capture and analysis include logistics, transportation, manufacturing, sports, and entertainment.
To know more about Organizations refer here:
https://brainly.com/question/29504584#
#SPJ11
Which situation best illustrates the role of businesses in the circular flow of
goods?
A. A website sells products from many different companies.
B. A company manufactures a new type of truck.
C. A student gets a part-time job to help pay her bills..
D. A mill produces lumber used to build new houses.
The situation which best illustrates the role of businesses in the circular flow of goods is:
(B) A company manufactures new type of truck
The circular flow of goods describes a market situation in which a specific company in a market system produces a new line of products that differs from their usual production line. The circular flow model depicts how money flows in an endless loop from producers to households and back again. In an economy, money flows from producers to workers as wages and then back again as workers spend money on goods and services. Money and goods exchanged in a closed circuit have the same value but flow in the opposite direction.
With this in mind, we can see that the answer choice which correctly illustrates this is manufacturing of new type of truck.
For more information on circular flow of goods visit:
https://brainly.com/question/15831241
#SPJ1
which of the following is not performed by the fed? group of answer choices holding member bank reserves on deposit making loans to member banks issuing bank notes serving as bankers to other banks holding deposits of households and firms
Five tasks are carried out by the Federal Reserve System to advance the efficient running of the American economy and, more generally, to satisfy the needs of the general public,the Board of Governors, the 12 Federal Reserve Banks, and the Federal Open Market Committee are its three main constituents.
Overview of the Federal Reserve SystemIn order to advance the soundness of the American economy and the stability of the American financial system, the Federal Reserve undertakes five essential tasks.
The Three Key System EntitiesIn order to advance the strength of the American economy and the stability of the American financial system, the Board of Governors, the Federal Reserve Banks, and the Federal Open Market Committee collaborate.
Conducting Monetary PolicyIn order to encourage maximum employment and stable pricing in the American economy, the Federal Reserve determines the country's monetary policy.
Learn more about Federal Reserve System:
brainly.com/question/382312
#SPJ4
20. One way the federal government can control inflation is to increase
A) the money supply.
B) public spending.
C) the tax rate.
D) bank regulation
One way the federal government can control inflation is to increase public spending.
Therefore, Option B is the correct option.
What is Inflation?In the field of economics, inflation is the broad term for a rise in the cost of goods and services across an economy. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
In conclusion, inflation is the term used to describe a long-term, widespread increase in the cost of goods and services throughout the economy, which reduces both consumer and company purchasing power. In other words, a dollar (or whatever currency you choose to pay with) will not buy as much today as it did yesterday.
Learn more about inflation here: https://brainly.com/question/21586910
#SPJ1
Im on a time crunch and need help. Ill give a good answer brainiest!!
JUST WRITE A SHORT SUMMARY OF THIS.
Let’s move on to the next ‘flavor;’ the Manufacturing career cluster covers the planning, managing, and processing of materials to create a final product. It also involves technical support, as well as maintenance and engineering. Whew! That’s a doozy of a definition. Basically, you can think of manufacturing as the people who work together to create something. They build, much like builders, but they create pieces and items. Manufacturing differs from building because it involves building items and components not large structures. Have you ever stepped inside a factory? A factory is a large space where manufacturing happens. Examples for a factory might include manufacturing car parts or packaging for food.
A man in a blue hard hat and coveralls works at a milling machine in a factory with another man looking over his shoulder.
The Manufacturing cluster presents careers that make components that are smaller than a building.
Let’s think back to Xavier again. Xavier looked into a company that built (or manufactured) different parts of a home for him. People who work in the Manufacturing career cluster would put together all of the separate parts needed for Xavier’s home, and Xavier would do the actual building or constructing of those parts to build the structure of his house.
Pathways in the Manufacturing Cluster
The Manufacturing career cluster has many career pathways that fall underneath it. We are going to scoop into those flavors one by one to get a better look at what falls into each.
Production Pathway
The first pathway we are going to discuss is the Production pathway. The Production pathway includes jobs/careers that work directly on the shop floor making or assembling parts. Remember, we discussed that many of these jobs and careers are in a factory. Working on the shop floor means they are working on the main floor of the factory where they assemble and create parts and materials. For jobs and careers in this cluster, you need a keen eye for detail, the ability to work with precision (or a high level of detail), and knowledge of how pieces and parts fit together. Jobs in this career pathway typically require a high school degree or apprenticeship if you are working on simpler projects, but if you are making and assembling very complicated parts (like technical parts for electronics), you may need a higher degree such as an associate, bachelor’s, or master’s.
Manufacturing Production Process Development Pathway
A person sketches out designs for cardboard boxes with several prototypes littering the drawings.
The Manufacturing Production Process Development pathway holds exciting careers like product design.
This pathway is a mouthful. The Manufacturing Production Process Development pathway includes employees who are responsible for product design and design of the manufacturing process. You can think of this pathway as architects, in a way, as they are the creative (and technical) force that puts together the product design (or how the product will look) and the process needed to make it look that way. Essentially, they decide how things get created and assembled. People in this pathway work with customers as well, bringing their visions to life. If the customer wants to package their new product in blue boxes with an orange ribbon tied around them, people in this career pathway will give an example of what this finished project will actually look like and how they will create them by the masses so all look identical. When designing packages, people in this pathway will usually work in an office, but others in this career cluster work on the factory floor, watching and tweaking the packaging process as it happens. Some jobs and careers in this pathway include design engineers, electronic technicians, electronic engineers, manufacturing engineers, manufacturing technicians, etc. Most jobs in this career cluster require at least an associate degree or higher depending on the types of designs and processes they are creating.
Maintenance, Installation & Repair Pathway
The Maintenance, Installation & Repair pathway is another mouthful. This pathway covers jobs and careers that perform preventative maintenance procedures on machines, tools, and equipment. They make sure that any machines and tools that are being used for a particular project are always up and running their best. They perform routine and regular checks on machines, as well as troubleshoot and repair electrical, electronic, and mechanical systems. People in this pathway are problem solvers. They are good at going in, seeing what’s not working, and fixing the problem ASAP. They also know how to best prevent problems before they even happen. Some jobs and careers that are included in this pathway are computer repair people, facility electricians, industrial maintenance workers, technicians, and mechanics.
these are not answers comments nobody know how to help with this
What is global trade?
A. When products, services, and money are exchanged between the United States and Canada
B. When products, services, and money are exchanged between different countries
C. When products, services, and money are exchanged within a single country
D. When products, services, and money are exchanged only between different cities in one state
Answer:
b
Explanation:
I know everything trust me
Answer:
I believe the answer is B
Which method of business integration is classified as a "holding company" of three or
more unrelated sectors of companies' stock? (Hint: we said in class that they're doing a
"stock project"...for real.)
A-horizontal
B-vertical
C-multinational
D-conglomerate
The method of business integration that is classified as a "holding company" of three or more unrelated sectors of companies' stock is
D-conglomerate.What is conglomerate?A conglomerate is a type of business that consists of a group of companies that are involved in different industries or sectors. A conglomerate may be formed by a holding company, which is a company that does not produce goods or services itself but owns other companies' stocks. The holding company exists to manage and control these companies, each of which operates independently in its respective industry.
Unlike a vertical or horizontal integration, where a company seeks to control the entire supply chain or a particular stage of production within an industry, a conglomerate is typically involved in unrelated businesses that have little or no connection with one another.
Learn more about methods of business at:
https://brainly.com/question/9182660
#SPJ1
which assest is the least liquid
Answer:
Land, real estate, or buildings are considered among the least liquid assets because it could take weeks or months to sell them.
sales of cases of soft drinks are up 20% from last year. you sold 500 cases of soft drinks during September of the previous year. based on current demand trends, what would the forecast be for total sales of cases of soft drinks for this September?
Answer:
600 cases you welcome :)
what economic system would be ideal for the united States? and why
Answer:
The United States has a mixed economy. It works according to an economic system that features characteristics of both capitalism and socialism.
Which of the following employees is most at risk of repetitive strain injury?
A.
A shipping employee who performs the same lifting motion over and over
B.
An administrative employee who keeps frequently used objects nearby
C.
A sales person who stands up and changes positions frequently
D.
An accounting employee whose feet rest on the floor
Answer:
A. A shipping employee who performs the same lifting motion over and over.
Explanation:
A shipping employee who performs the same lifting motion over and over, employees is most at risk of repetitive strain injury.
What is an employee?A worker or manager who works for a business, group, or community is referred to as an employee. The organization's personnel consists of these people. There are various types of employees, but in general, any individual engaged by an employer to do a specific task in exchange for remuneration is considered an employee.
The term repetitive injury refers to that, The impacts that affected the muscles, strains, or nerves. As this technique can be caused injuries. They commonly affected the elderly.
Therefore, option (A) is correct
Learn more about employees here:
https://brainly.com/question/10369837
#SPJ6
What factors caused the great depression to spread around the world? select three answers.
a. americans stopped buying from overseas nations.
b. large numbers of jobless americans moved overseas.
c. many countries raised tariffs on imported goods.
d. stock markets started to crash in many other nations.
e. americans demanded repayment of european loans.
The factors that caused the great depression to spread around the world are (a) .Americans stopped buying from overseas nations.
Many nations increased import duties. Americans insisted that European debts be repaid. The Great Depression, which lasted from 1929 to 1939, was the worst economic downturn in the history of the industrialized world. It started after the 1929 stock market catastrophe, which paralysed Wall Street and caused the loss of millions of investors.
The Federal Reserve had previously led to banks becoming less eager to lend money to the general public. Earlier, the stock market also experienced a dip.
To know more about depression
https://brainly.com/question/1558078
#SPJ4
Answer:
A.) Americans stopped buying from overseas nations.
C.) Many countries raised tariffs on imported goods.
E.) Americans demanded repayment of European loans.
Explanation:
edge
if a company has net income of $5,700,000, weighted average shares of common stock of 1,500,000, and retained earnings of $37,900,000, what is its eps?
The company's Earnings Per Share (EPS) is $3.80.
EPS = Net Income / Weighted Average Shares of Common Stock
EPS = $5,700,000 / 1,500,000
EPS = $3.80 per share
Note that retained earnings is not used in the calculation of EPS.
They represent the cumulative profits that the company has earned and kept over time, rather than the current year's earnings.
Earnings per share, or EPS, is a crucial financial metric that shows a company's profitability. It is determined by dividing the net income of the business by the total number of outstanding shares.
(Net Income - Preferred Dividends) / Weighted Average Shares Outstanding is the formula for EPS. The first formula calculates EPS using the total number of shares outstanding, but in reality, analysts might compute the denominator using the weighted average shares outstanding.
Learn more about Earning per share :- https://brainly.com/question/27815958
#SPJ11
Adams, Inc. has sales of $100,000 with a contribution margin of $60,000 and net income of $20,000. Baron, Inc. has sales of $110,000 with a contribution margin of $44,000 and net income of $22,000. Which of the following statements are correct? Multiple select question. If sales fall, Baron will experience a greater decrease in income than Adams. Baron's net income grows twice as fast as its sales. Adams has a higher degree of operating leverage than Baron.
The true statement is that Adams has a higher degree of operating leverage than Baron.
What is a operating leverage?The cost-accounting formula is used to measures the degree a project can increase the operating income by increasing revenue.
Here, the degree of operating leverage is for Adams, Inc is 3 and for Baron, Inc. is 2.
Hence, the true statement is that Adams has a higher degree of operating leverage than Baron.
Therefore, the Option C is correct.
Read more about operating leverage
brainly.com/question/15869128
A property has a market value of $500,000 in a jurisdiction that assesses a millage of 20 mills on 30% of a property's market value and permits an exemption of $4,000 for this type of property. Calculate the property tax for this property. Please DO NOT include a dollar sign (\$) with your answer!
The property has a market value of $500,000 and is subject to a millage rate of 20 mills. The jurisdiction allows for a $4,000 exemption. The task is to calculate the property tax for this property.
To calculate the property tax, we need to consider the assessed value of the property, which is determined by applying the millage rate and the exemption. First, we need to calculate the assessed value of the property. The assessed value is equal to 30% of the property's market value, minus any applicable exemptions. In this case, the assessed value can be calculated as follows:
Assessed Value = (Market Value) * (Assessment Rate) - (Exemption)
Assessed Value = $500,000 * 0.30 - $4,000
Assessed Value = $150,000 - $4,000
Assessed Value = $146,000
Next, we can calculate the property tax by multiplying the assessed value by the millage rate. The millage rate is expressed in mills, where one mill is equal to one-tenth of a cent. In this case, the property tax can be calculated as follows:
Property Tax = (Assessed Value) * (Millage Rate)
Property Tax = $146,000 * 0.020 (20 mills expressed as a decimal)
Property Tax = $2,920
Therefore, the property tax for this property is $2,920.
Learn more about Market Value here:- brainly.com/question/28320555
#SPJ11
Mei starts a job with a $72,000 annual salary that is paid twice a
month. How much should she expect her gross pay to be on her
first paycheck?
$3000
Explanation:
just diveide the number by 24
Briefly analyse the role of the public manager by indicating his/her role in directing all resources towards achieving strategic objectives
The role of the public manager is to plan, organize, direct and control organizational resources to achieve strategic objectives.
What are the responsibilities of public managers?It is a professional responsible for managing resources in order to satisfy the needs of a public, as in governmental institutions whose objective is to promote public health and safety.
Therefore, a public manager must be able to analyze the needs and manage an organization effectively to achieve the objectives determined by planning.
Find out more about public administration here:
https://brainly.com/question/22972887
#SPJ1
What is an example of form utility
The three elements of the marketing concept are __________.
a. Market share, customer needs, marketing mix
b. Customer needs, company goals, profits
c. Channel management, customer needs, profits
d. Planning, target market, social media marketing
Answer:
B. Customer needs, company goals, profits
Explanation:
List the steps in allocating costs to operating departments and preparing departmental income statements, with the first step on top. Instructions
Choice 1 of 3. Accumulate sales, direct expenses, indirect expenses by department toggle button Accumulate sales, direct expenses, indirect expenses by department
Choice 2 of 3. Allocate indirect expenses to service and operating departments toggle button Allocate indirect expenses to service and operating departments
Choice 3 of 3. Allocate service department expenses to operating departments toggle button Allocate service department expenses to operating departments
Accumulate sales, direct expenses, indirect expenses by department toggle button Accumulate sales, direct expenses, indirect expenses by department.
What is direct expenses?A direct expense is one that is proportional to the volume of a cost object. Any item for which you are assessing expenses, including as items, product lines, services, sales areas, workers, and consumers, is referred to be a cost object.
Thus, option A is correct
For further details about direct expenses, click here:
https://brainly.com/question/3464708
#SPJ1
Which of the following is a commonly used employer-sponsored retirement plan design? A) Roth IRA B) defined benefit plan C) qualified contribution D) IRA
The commonly used employer-sponsored retirement plan design is the qualified contribution plan (option C).
It includes options such as 401(k) and 403(b). Defined benefit plans are also employer-sponsored retirement plans, but they are less commonly used in today's workforce. Roth IRA and IRA are individual retirement account options that are not typically employer-sponsored.
A defined benefit plan is a commonly used employer-sponsored retirement plan design, where the employer promises a specific retirement benefit amount based on factors like salary history and years of service.
Retirement plan design refers to the process of creating and implementing a retirement plan for employees. A well-designed retirement plan can help employers attract and retain talented employees, while providing a valuable benefit to those employees.
Learn more about retirement plan here: https://brainly.com/question/29393946
#SPJ11
alejandro is going to invest in an account paying an interest rate of 3.2% compounded continuously. how much would alejandro need to invest, to the nearest ten dollars, for the value of the account to reach $161,000 in 20 years?
Answer:
84890
Explanation:
A = 161000
t = 20
r = 0.032
\(161000=Pe^{0.032(20)}\)
\(161000=Pe^{0.64}\)
161000 = P(1.896480879)
\(\frac{161000}{1.896480879} =\frac{P(1.896480879)}{1.896480879}\)
84894.080270931 = P
P = 84890
We can use the continuous compounding formula to solve for the initial investment: Alejandro would need to invest approximately $67,372.49 to have a future value of $161,000 in 20 years with continuous compounding.
A = \(Pe^(rt)\)
Where A is the future value, P is the initial investment, r is the interest rate, and t is the time period.
Plugging in the given values, we get:
161,000 = \(Pe^(0.032*20)\)
Solving for P, we get:
P = \(161,000/e^(0.032*20)\) = $67,372.49
Therefore, Alejandro would need to invest approximately $67,372.49 to have a future value of $161,000 in 20 years with continuous compounding.
Learn more about initial investment
https://brainly.com/question/13540082
#SPJ4
Which of the following are reasons to segment your audience?
A. Higher customer satisfaction rates
B. Faster conversion rates
C. Higher click-through rates
D. Faster click-through rates
Which of these is a common way for businesses to segment their subscribers?
A. Based on competitor data
B. Based on purchase history
C. Based on anecdotal data
D. Based on social media profiles
Segmentation is the key to discovering new opportunities, as well as to responding effectively to the wants and needs of your audience. As a result, segmentation results in greater relevance, better targeting, and an increase in the number of conversions.
There are numerous reasons why audience segmentation is important for your business. Audience segmentation is critical in ensuring that your marketing efforts are focused, targeted, and, most importantly, relevant to your intended audience. The importance of audience segmentation is as follows:
Enables better understanding of customers: By segmenting your audience, you will have a better grasp of their specific needs and preferences.
Facilitates personalization: With audience segmentation, businesses can personalize messages and offers to their subscribers. This, in turn, improves the customer experience and increases engagement.
Increased engagement: As customers receive personalized messages, they become more engaged, which translates to increased open rates, click-through rates, and conversion rates.
Higher conversion rates: Audience segmentation can improve conversion rates by delivering personalized content that speaks directly to the needs of specific audience segments.
More cost-effective: Targeted marketing is more cost-effective than mass marketing, as it eliminates the need for expensive advertising campaigns that may or may not be effective.
Therefore, the correct reasons to segment your audience are higher customer satisfaction rates, faster conversion rates, and higher click-through rates. The correct common way for businesses to segment their subscribers is based on purchase history.
To know more about Segmentation visit:
brainly.com/question/15254806
#SPJ11
How much y’all think I’m worth?
Y’all think ima great dancer?
Who follows me
Answer:
What????..............
what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
Learn more about ATM : https://brainly.com/question/24198010
state the principle of conservation of charge
Answer:
The principle of conservation of charge states that the net charge of an isolated system remains constant during any physical process.
Answer:
The quantization of electric charge is the property due to which all free charges are integral multiple of basic unit of charge of an electron (or proton) represented by e. The basic cause of quantization is that only integral no. of electrons can be transferred form one body to another on rubbing.
Hope it helps!!!
Is 1st Financial bank legit?
1st Financial Bank, also known as 1st Financial Bank USA, is a regional bank based in South Dakota that offers various financial services including checking and savings accounts, loans, and credit cards. The question of whether 1st Financial Bank is a legitimate bank is an important one for consumers who are considering doing business with the bank.
To answer the question of whether 1st Financial Bank is legit, it's important to look at the bank's regulatory compliance and security measures. Keyword, all banks in the United States are required to follow strict regulations set forth by the federal government, including the Federal Deposit Insurance Corporation (FDIC). This means that 1st Financial Bank must adhere to strict standards for consumer protection, privacy, and security.
Another factor to consider is the bank's reputation and customer satisfaction. Keyword, online reviews, consumer reports, and forums can be a good indicator of the bank's reputation and the experiences of its customers. It's important to take these reviews into account when determining the legitimacy of a bank.
In addition to regulatory compliance and customer satisfaction, it's also important to consider the bank's financial stability. Keyword, this can be determined by looking at the bank's financial statements and ratings from credit rating agencies. A bank with a strong financial position and good credit rating is generally considered to be a safe and reliable option for customers.
In conclusion, 1st Financial Bank is a legitimate bank that is regulated by the federal government and is subject to strict standards for consumer protection, privacy, and security. Keyword, to determine whether the bank is a good fit for you, it's important to consider factors such as regulatory compliance, customer satisfaction, and financial stability. As with any financial institution, it is always recommended to do thorough research and consult with a financial advisor before making any decisions.
For more about Is 1st Financial bank legit:https://brainly.com/question/29159129
#SPJ11
Do you feel that this country has made adequate progress in providing women with rights that are equal to that of men? Explain your answer.
Answer:
Yes.
Explanation:
There are so many opportunities for women to rise to the level of, if not surpass men. The 70 cents to the dollar thing is entirely false, and when accounting for the field and position, women typically make more than men. For single mothers, there is the WIC program (women, infants and children), but can you name a program that specifically supports single fathers? And, somewhat related sidenote, there is the whole "believe all women movement", (which in itself is sexist, but I yield) could you imagine if someone started saying "believe all men"? There is no way that would go over well.
I need two answers please by 2pm today.
Are you motivated more by intrinsic rewards (satisfaction, sense of accomplishment, etc.) or by extrinsic rewards (money, bonuses, etc.)?
Intrinsic rewards can be more satisfying to a worker than extrinsic ones, because internal motivation is something natural that does not depend on external stimuli.
How does an employee get motivated?There is a set of characteristics that helps in motivation in the work environment. Intrinsic rewards correspond to job satisfaction. To be achieved, the employee needs to feel valued and fulfilled with their responsibilities at work.
Extrinsic rewards are related to external motivations, such as a good salary and bonuses.
Therefore, motivation is essential in the workplace, as it stimulates employee productivity, satisfaction and integration.
Find out more about intrinsic rewards on:
https://brainly.com/question/13884108
#SPJ1