Which of the following factors influence motivation among employees?
(i) Cash rewards
(ii) Healthy competition
(iii) Bonus
(iv) Participation in management
[1 mark]
A
Only (i)
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B
Only (i) and (ii)
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C
Only (i), (ii), and (iii)
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D
(i), (ii), (iii), and (iv)
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Solution
The correct option is D (i), (ii), (iii), and (iv) The employees are motivated by both monetary and non-monetary incentives. Cash rewards and bonuses are monetary incentives whereas healthy competition and participation in management are non-monetary incentives.