Business Studies, asked by ifrahzameer9269, 11 months ago

Define ‘Reward’. Explain components and objectives of reward system.

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Answered by Vaibhavverma73
2

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A reward can be defined as reinforcer only if its delivery increases the probability of a behavior. Reward or reinforcement is an objective way to describe the positive value that an individual ascribes to an object, behavioral act or an internal physical state.

TWO TYPES OF REWARDS. There are two types of rewards—tangible and intangible. Tangible rewards are money, vacations, and material objects. ... Intangible rewards can be things such as prizes, plaques, and awards given at annual celebrations for exceptional performance.

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