What are the strengths and weaknesses associated with each type of reward?
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What are the strengths and weaknesses associated with each type of reward?
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There are three classifications of rewards. They are intrinsic versus extrinsic rewards, financial versus nonfinancial rewards, and performance-based versus membership based rewards. What are the strengths and weaknesses associated with each type of reward? Which type of reward is most successful in the business environment and why?
