Unit IV
Question 1
Distinguish external competitiveness policies from internal alignment policies. What is external competitiveness? What factors shape an organization’s external competitiveness? Why is external competitiveness so important? Your response should be at least 300 words in length.
Question 2
There are consequences of pay level and pay mix decisions. Identify and briefly discuss each factor. What pay level does the efficiency wage predict? What pay level does the fairness wage predict? Does the theory accurately predict organization behavior? Why, or why not? Your response should be at least 300 words in length.