Future Business Leaders of America (FBLA) Business Management Practice Test

Which of the following best describes intrinsic rewards?

1. External benefits for performance

2. Internal satisfaction from achieving goals

3. Promotions and raises

4. Team recognition

The correct answer is: Internal satisfaction from achieving goals

Intrinsic rewards refer to the internal satisfaction and emotional benefits that a person derives from the process of accomplishing tasks and achieving personal goals. This concept highlights the psychological and emotional gratification that can come from feeling competent, achieving mastery, or fulfilling one's personal values and interests. When someone is driven by intrinsic motivation, they find joy in the activity itself, independent of external factors such as money, promotions, or recognition. In contrast to external rewards like promotions, raises, or team recognition, which are tangible and often distributed by others, intrinsic rewards are deeply personal and emanate from within the individual. This internal satisfaction can significantly enhance motivation, performance, and commitment, as it aligns with personal aspirations and self-fulfillment. Recognizing and fostering intrinsic rewards within a workplace can lead to a more engaged and motivated workforce.