Answer:
False.
Step-by-step explanation:
Extrinsic motivation refers to initiating an action in response to the external factors which include money, praise, fame, etc. It is a type of operant conditioning in which behavior modification takes place by the reinforcement to increase or decrease a behavior.
On the other hand, in the case of intrinsic motivation reinforcement comes from within a person for example it provides self-satisfaction. And the reward which is triggering a behavior is naturally occurring within an individual.
As per the question, the reinforcement to the managers is the feeling of accomplishment and therefore he is not motivated extrinsically but intrinsically.