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Discuss three classifications of rewards

HRM 300 Week 5 DQ 2 Decenzo and Robbins (2007) in Chapter 11 discuss three classifications of rewards. They are intrinsic versus extrinsic rewards, financial versus nonfinancial rewards, and performance-based versus membership based rewards. What are the strengths and weaknesses associated with each type of reward? Which type of reward is most successful in the business environment and why? Reference Decenzo, D. A., & Robbins, S. P. (2007). Fundamentals of human resource management (9th ed.). Hoboken, New Jersey: John Wiley & Sons, Inc.

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