Choose the correct statement / statements.

A. Non Financial Incentives mainly focus on satisfying psychological, social and emotional factors

B. Money can satisfy all kinds of needs of individuals

C. Career advancement opportunity, job security and employee empowerment are non financial incentives

D. Promotion, stock option and perquisites are non financial incentives

Choose the correct answer from the options given below: 

A and C only

The correct answer is option 4- A and C only.

A. Non Financial Incentives mainly focus on satisfying psychological, social and emotional factors- THIS IS CORRECT. All the needs of individuals are not satisfied by money alone. Psychological, social and emotional factors also play important role in providing motivation. Non-financial incentives mainly focus on these needs.

B. Money can satisfy all kinds of needs of individuals- THIS IS INCORRECT. All the needs of individuals are not satisfied by money alone.

C. Career advancement opportunity, job security and employee empowerment are non financial incentives- THIS IS CORRECT. All these are non financial incentives.

D. Promotion, stock option and perquisites are non financial incentives- THIS IS INCORRECT. Promotion, stock option and perquisites are financial incentives.