Incentive example sentences
The idea underlying such exemption or refund is to provide an incentive to the exporters to export more and also to make the export products more competitive in the world markets.If managers identify motivational needs of employees and provide suitable incentives, employees may not think of leaving the organisation.Some times, monetary aspect may be involved in non-financial incentives as well.Financial incentives refer to incentives which are in direct monetary form or measurable in monetary term and serve to motivate people for better performance.Since, money has the purchasing power, it becomes very important incentive for every individual.Laws that give political actors incentives to do good things have more chances of working.The price for APL family is almost as high as open market price, so there is little incentive for them to buy these items from the ration shop.Sometimes, the government provides incentives like subsidised power, lower transport cost and other infrastructure so that industries may be located in backward areas.Incentive means all measures which are used to motivate people to improve performance.Regular electoral competition provides incentives to political parties and leaders.EOUs have been established with a view to generating additional production capacity for exports by providing an appropriate policy framework, flexibility of operations and incentives.Profit provides a vital incentive for the continued successful operation of the enterprise.Cash discount acts as an incentive that encourages prompt payment by the debtors.Financial incentives are monetary and may be in the form of salary, bonus, profit sharing, pension etc.These incentives may be broadly classified as financial and non financial.
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