Extrinsic and intrinsic motivation

I would contend that it is essential for managers to know the difference between extrinsic and intrinisic motivation and be aware of the benefits and disadvantages of each type of motivation. With this knowledge they can make informed decisions as to which type of motivation should be used in which circumstances. Without this knowledge then they are surely exposing themselves to chance with the likelihood of getting it wrong.

Second Question – can we improve the description of “motivation” on this UL site (see The Importance of Knowledge)