An Incentive: Reward or Penalty?
Incentive: Reward or Penalty
An incentive is a motivating factor that can be either a reward or a penalty. It is used to encourage certain behaviors or actions.
Thus, the answer would be option (C)
Explanation:
An incentive could be either a reward or a penalty. For example, if a company wants to increase productivity, they might offer a bonus (a reward incentive) to employees who reach their set targets. Conversely, a speed ticket is a type of penalty incentive that discourages people from driving too fast. Therefore, incentives are used to influence behavior and can manifest either as rewards or penalties.
(A) is the opposite of a tradeoff. (B) could be a reward but could not be a penalty. (C) could be either a reward or a penalty. (D) could be a penalty but could not be a reward. Final answer: An incentive is a motivating factor that can be either a reward or a penalty. It is used to encourage certain behaviors or actions. Thus, the answer would be option (C)