This approach leverages two key motivators — intrinsic and extrinsic — that drive action. Definition: The Carrot and Stick Approach of Motivation is a traditional motivation theory that asserts, in motivating people to elicit desired behaviors, sometimes the rewards are given in the form of money, promotion, and any other financial or non-financial benefits and sometimes the punishments are exerted to push an individual towards the. Here you will find exactly what you need with the best products and prices! Find the right products that fits your budget and needs.