Question

To sacrifice the social and physiological needs, which type of incentives is needed? Explain any four types of such incentives.

Answer 1

To sacrifice social physiological needs, one needs incentives related to esteem needs, security needs, and self-actualisation needs. These incentives are :

(i) Honours, awards and recognition that boost self-image and the need for being respected by others.

(ii) The desire to be able to reach one’s full potential to gain mastery in skills through self-actualisation.

(iii) Incentives like pensions, provident funds, and job security are related to emotional security needs.

(iv) Incentives like medical insurance, reimbursements of medical expenses or higher wages are physical security needs.