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Question no. 117

An individual's inner drive to perform well for personal satisfaction is referred to as ___________?

Select your answer for: An individual's inner drive to perform well for personal satisfaction is referred to as ___________?
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Answer: A. intrinsic motivation

Explanation

Intrinsic motivation arises from an individual's internal desire to perform well for personal satisfaction. It does not rely on external pressures, praise, or monetary compensation. The activity itself is inherently rewarding to the person. Psychological theories of motivation distinguish between internal drives and external incentives. Employees driven intrinsically often show higher creativity, engagement, and job satisfaction. Organizations foster this by providing autonomy, mastery, and purpose.

Understanding intrinsic motivation helps managers design meaningful jobs that engage employees deeply. It reduces reliance on financial bonuses and encourages long-term commitment. High intrinsic motivation correlates strongly with professional growth and innovation. Extrinsic motivation relies on external rewards such as bonuses, promotions, or fear of punishment. Monetary motivation is a specific type of external incentive tied strictly to financial compensation.

Category
Accounting
Topic
—
Difficulty
medium

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Select your answer for: Based on the following June 2012 data for a firm: Budgeted hours 4,000, Standard hours for actual production 4,400, Maximum possible hours in the budget period 4,800, and Actual hours 3,800. The monthly activity ratio for this company is calculated as
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