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Briefly define both extrinsic and intrinsic motivation within incentive theories.

Briefly define both extrinsic and intrinsic motivation within incentive theories.

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The incentive theory of motivation suggests that individuals are motivated if they are rewarded. Extrinsic motivation refers to a behaviour which is a result of external factors or baits like rewards. Individuals derive motivation from external rewards. For instance, an employee is motivated to work harder because his boss tells him that if he performs well, he would be rewarded with a sponsored trip to Vegas. The employee is extrinsically motivated. Intrinsic motivation on the other hand refers to exhibiting behaviour which is self-rewarding. Intrinsic motivation drives a person to indulge in certain tasks because of the self-seeking pleasure derived from it. For instance, Jane loves to bake. Even after having the most tiring day, she loves to bake before going to bed. It relaxes her and she derives pleasure from baking. Extrinsic motivation is external whereas, intrinsic motivation is internal.

answered by: ANURANJAN SARSAM
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