International Economic Environment Defined. The international economic environment can be described as the global factors that are outside of the control of individual organizations but that can affect the way that businesses operate. These factors include unemployment rates, inflation rates, and labor costs.
Extrinsic motivation refers to the performance of an activity in order to attain a desired outcome and it is the opposite of intrinsic motivation. Extrinsic motivation comes from influences outside of the individual.
Intrinsic and extrinsic are the two types of motivation. Learn more about intrinsic and extrinsic motivation from definitions and examples, then test your knowledge with a quiz.