Question: PLEASE ANSWER BASED ON YOUR PERSONAL KNOWLEDGE. NO CHAPTGPT NO GOOGLE PLEASE. 1) Assume you want to create a relevant market for the following positions

PLEASE ANSWER BASED ON YOUR PERSONAL KNOWLEDGE. NO CHAPTGPT NO GOOGLE PLEASE.

1) Assume you want to create a relevant market for the following positions at TU's Department of Management. What organizations may belong to the respective relevant market? Name five organizations. Why did you select these organizations?

Position Five organizations to include in the relevant market The rationale for choosing these organizations?
Assistant professor
Administrative assistant

2) Compare and contrast the following competitive pay policy alternatives.

Lead Match Lag
Definition
Pros
Cons

3) The authors address that what matters is not how much to pay (pay level) but how to pay (pay form). Refer to Exhibit 7.18 and Exhibit 7.20 and discuss why the dashboard is superior to the pie charts.

4) What are the consequences/benefits of ensuring external competitiveness? Write up three significant findings.

1
2
3

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