The correct answer is: d) All of the above
Awards and recognition schemes play an important role in motivating individuals, celebrating achievements, and inspiring others.
Motivating individuals
Awards and recognition schemes can motivate individuals to perform better by providing them with a sense of accomplishment and recognition. When individuals feel appreciated for their work, they are more likely to be motivated to continue doing their best.
Celebrating achievements
Awards and recognition schemes can also be used to celebrate the achievements of individuals and teams. This can help to create a positive and supportive work environment, and it can also help to boost morale.
Inspiring others
Finally, awards and recognition schemes can inspire others to strive for excellence. When individuals see others being rewarded for their achievements, they may be motivated to set their own goals and work towards achieving them.
In conclusion, awards and recognition schemes can play an important role in motivating individuals, celebrating achievements, and inspiring others.