SmartTech's CEO, Gary, often honors employees who have demonstrated the company's core values. SmartTech holds a conference each year, where one employee is honored in several values categories that include (1) challenge; (2) move fast; (3) be open and straightforward; (4) teamwork for results; and (5) take responsibility. Rather than posting core values someplace everyone passes by each day, Gary finds that providing ________ rewards once each year provides the message to all employees that these are important values.

Question

Quizplus · Accepted Answer

An extrinsic reward is given to a recipient in recognition of good work or superior performance. This may be a tangible reward such as a pay raise, or an intangible reward such as praise. The key factor is that it is recognition passed along by another party, usually a supervisor.

SmartTech's CEO, Gary, Often Honors Employees Who Have Demonstrated the Company's