Define the organizational reward system and distinguish between intrinsic and extrinsic rewards.
What will be an ideal response?
The organizational reward system consists of the types of rewards to be offered and their distribution.
Organizational rewards include both intrinsic and extrinsic rewards. Intrinsic rewards are the feelings of job satisfaction and accomplishment an employee receives from doing the job. They are internal to an individual and are normally derived from involvement in certain activities or tasks. Extrinsic rewards are controlled and distributed by the organization such as salary and fringe benefits.
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In economic expansions, the dollar usually
A. appreciates. B. depreciates. C. remains unaffected. D. follows no consistent pattern.
________ refers to a marketing strategy where companies do not manufacture any of their product's components
A) Product sourcing B) Product differentiation C) Joint venture D) Export marketing
Buzz marketing is most useful for products that are unconventional and unique
Indicate whether the statement is true or false
Under the CISG, contracts for the sale of goods do not have to be evidenced by a writing to be enforceable, unless one of the parties has its place of business in a country that provides otherwise
a. True b. False Indicate whether the statement is true or false