It is due to the financial incentives attached that

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get employed to earn salaries and wages. It is due to the financial incentives attached that people engage in stealing, betting or even buying something if it is said that some money will be earned. However, financial incentives are not the sole reason as to why people engage in various activities since some people give some products free of charge or offer to give services to others without any reward. 2) Coercive incentives tries to discourage a person from doing something. This happens when a person is given an explanation of the negative results of doing a particular thing. Example is the effects of cutting down trees.
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Surname3 3) Natural incentives originate from the persons judgment. A person will do something after considering the results of the actions. 4) Moral incentives make people to do things after considering whether what is to be done is right or wrong. Incentives are important because they will perform the following functions 1) Motivate. According to Fu, 2013, An incentive motivates a person to do something in more vigor and energy. For instance, an employee is able to get a reason why he/she should work harder.
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  • Spring '16
  • DR LIZZIE GACHIE

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