Asked by Jasmine Montero on Apr 24, 2024

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Speckbacher argues combining financial and social incentives creates a/an ______ relationship.

A) legal
B) market
C) contractual
D) stakeholder

Stakeholder

An individual, group, or organization that has an interest in or is affected by the activities and decisions of a company or project.

Financial

Relates to matters involving money, investments, revenues, and expenses, often focusing on the management of these elements for individuals, businesses, or governments.

Social Incentives

Motivations or rewards based on social factors, such as recognition or status within a community, that influence behavior.

  • Comprehend the integration of financial and social incentives in managing volunteer and staff motivation.
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Nikita Devera5 days ago
Final Answer :
B
Explanation :
Speckbacher suggests that combining financial and social incentives creates a market relationship where individuals are motivated by both monetary gains and social benefits. This encourages increased performance and accountability while fostering a sense of community among stakeholders.