Question : Assertion: Offering opportunities for skill development is a form of non-financial incentive.
Reason: Non-financial incentives are less effective in motivating employees compared to financial incentives.
Option 1: Both Assertion and Reason are true, and Reason is the correct explanation of Assertion.
Option 2: Both Assertion and Reason are true, and Reason is not the correct explanation of Assertion.
Option 3: Assertion is true, but Reason is false.
Option 4: Assertion is false, but Reason is true.
Correct Answer: Both Assertion and Reason are true, and Reason is not the correct explanation of Assertion.
Solution : The correct answer is: (b) Both Assertion and Reason are true, and Reason is not the correct explanation of Assertion.
Assertion is true. Non-financial incentives encompass various rewards and benefits that are not monetary, and skill development opportunities fall under this category.
Reason is false. The effectiveness of incentives, whether financial or non-financial, can vary based on various factors such as the individual's preferences, the nature of the work, the organization's culture, and the specific context. Non-financial incentives can be highly effective in motivating employees, especially when aligned with their needs and aspirations.
Question : Assertion: Financial incentives are typically more effective than non-financial incentives in motivating employees.
Reason: Financial incentives directly address employees' physiological needs.
Question : Assertion: Financial incentives are effective in addressing both physiological and social needs.
Reason: Financial incentives provide job security and interpersonal recognition.
Question : Assertion: Non-financial incentives, like recognition and awards, can enhance employee motivation.
Reason: Non-financial incentives cater to esteem and self-actualization needs.
Question : Assertion: Financial incentives can fulfill both physiological and esteem needs.
Reason: Financial incentives provide job security and recognition, addressing different levels of needs.
Question : ______ incentives are more effective in case of lower level employees and ______ incentives are more effective in case of higher level employees.
Option 1: Financial, non-financial
Option 2: Non-financial, financial
Option 3: Financial incentive is effective in both cases.
Option 4: Non-financial incentive is effective in both cases.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile