Motivation is derived from the word ‘motive’. It is the process that initiates, guides, and maintains goal-oriented behaviors.
Two types of motivation are :-
1. Intrinsic (internal) motivation
2. Extrinsic (External) motivation
1. Intrinsic motivation:- This is when motivation comes from "internal" factors to meet personal needs. Enjoyment, satisfaction, and inner growth are examples of intrinsic motivation.
2. Extrinsic motivation:- This is when motivation comes from "external" factors that are given or controlled by others. It arises because of incentives or external rewards. Lack of motivation or incentives may lead to frustration, for example, employees who are kept on contractual basis for a long time may get frustrated and leave an organization.
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