Question : Assertion: Financial incentives are effective in addressing both physiological and social needs.
Reason: Financial incentives provide job security and interpersonal recognition.
Option 1: Both Assertion and Reason are true, and Reason is the correct explanation of Assertion.
Option 2: Both Assertion and Reason are true, and Reason is not the correct explanation of Assertion.
Option 3: Assertion is true, but Reason is false.
Option 4: Assertion is false, but Reason is true.
Correct Answer: Both Assertion and Reason are true, and Reason is not the correct explanation of Assertion.
Solution : The correct answer is (b) Both Assertion and Reason are true, and Reason is not the correct explanation of Assertion.
The assertion is true. Financial incentives can address physiological needs by providing the means for acquiring basic necessities like food, shelter, and healthcare. They can also address social needs to some extent by contributing to a sense of financial security and enabling social interactions, for example, through participating in social activities or events.
The reason is true and related to the assertion, but it doesn't directly explain how financial incentives address physiological and social needs. Financial incentives can provide job security to some extent by offering a stable income, and they can also offer interpersonal recognition through rewards, bonuses, or promotions. However, the reason doesn't adequately connect these aspects to physiological and social needs, making it not the correct explanation of the assertion.
Question : Assertion: Financial incentives can fulfill both physiological and esteem needs.
Reason: Financial incentives provide job security and recognition, addressing different levels of needs.
Question : Assertion: Financial incentives are effective in fulfilling physiological needs.
Reason: Physiological needs are concerned with recognition and appreciation from peers.
Question : Assertion: Financial incentives are typically more effective than non-financial incentives in motivating employees.
Reason: Financial incentives directly address employees' physiological needs.
Question : Assertion: Financial incentives can be used to address higher-level needs in Maslow's hierarchy.
Reason: Financial incentives are limited to addressing only physiological needs.
Question : Assertion: Non-financial incentives, like recognition and awards, can enhance employee motivation.
Reason: Non-financial incentives cater to esteem and self-actualization needs.
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