Concept information
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industrial psychology
organizational structure, design, and change
organizational behavior
motivation
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judgment and decision making
decision making
the psychology underlying decision making
motivation
Preferred term
incentives
Definition
- Incentives are rewards that shape behavior for achieving strategic goals. An important consideration is that the various incentive systems be applied so that marginal revenue is equal to marginal cost. [Source: Dictionary of Strategy: Strategic Management A-Z; Incentives]
Broader concept
Narrower concepts
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/incentives
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