Evaluate the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to a lack of financial resources. Propose at least three alternative approaches for organizations which have limited financial resources. Identify at least three specific steps that could be taken to minimize the impact implementing these alternative approaches could have on the firm’s success. Justify why these steps would be the most appropriate in this situation.

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Evaluate the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to a lack of financial resources. Propose at least three alternative approaches for organizations which have limited financial resources. Identify at least three specific steps that could be taken to minimize the impact implementing these alternative approaches could have on the firm’s success. Justify why these steps would be the most appropriate in this situation.

Week 3 - Assignment   Market Competitiveness Compose a 4 page paper (not including the title and reference pages). Your paper should be written in a scholarly third-person tone; it should be in APA format. Your essay should address the following:

  1. Evaluate the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to a lack of financial resources.
  2. Propose at least three alternative approaches for organizations which have limited financial resources.
  3. Identify at least three specific steps that could be taken to minimize the impact implementing these alternative approaches could have on the firm’s success. Justify why these steps would be the most appropriate in this situation.
In addition to the text(Text was given in Week 1), cite at least two scholarly references to support your discussion. Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.   Assignment 3 Grading Rubric  BUS681.W3A1.12.2014 Description:   Total Possible Score: 7.00 Evaluates the Concept of Market Competitiveness In Relation to an Organization’s Pay System Total: 2.00 Distinguished - Comprehensively and accurately evaluates the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to lack of financial resources. Utilizes scholarly sources to support the evaluation. Proficient - Evaluates the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to lack of financial resources. Utilizes scholarly sources to support the evaluation. Minor details are missing or inaccurate. Basic - Partially evaluates the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to lack of financial resources. Somewhat utilizes scholarly sources to support the evaluation. Relevant details are missing or inaccurate. Below Expectations - Attempts to evaluate the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to lack of financial resources; however, does not utilize scholarly sources to support the evaluation and significant details are missing and/or inaccurate. Non-Performance - The evaluation of the concept of market competitiveness in relation to an organization’s pay system is either nonexistent or lacks the components described in the assignment instructions.   Proposes at Least Three Alternative Approaches For Organizations Which Have Limited Financial Resources Total: 2.00 Distinguished - Proposes at least three appropriate and detailed alternative approaches for organizations which have limited financial resources. Proficient - Proposes at least three appropriate alternative approaches for organizations which have limited financial resources. Minor details are missing. Basic - Proposes at least three alternative approaches for organizations which have limited financial resources. Relevant details are missing and/or one approach is not appropriate. Below Expectations - Attempts to propose at least three alternative approaches for organizations which have limited financial resources; however, fewer than three alternative approaches are proposed, more than one approach is not appropriate, and/or significant details are missing. Non-Performance - The three proposed alternative approaches for organizations which have limited financial resources are either nonexistent or lack the components described in the assignment instructions.   Identifies at Least Three Specific Steps That Could Be Taken to Minimize the Impact This Could Have On the Firm’s Success and Justifies Why These Steps Would Be the Most Appropriate In This Situation Total: 2.00 Distinguished - Identifies at least three realistic and specific steps that could be taken to minimize the impact this could have on the firm’s success. Fully justifies why these steps would be the most appropriate in this situation. Proficient - Identifies at least three specific steps that could be taken to minimize the impact this could have on the firm’s success. Justifies why these steps would be the most appropriate in this situation. Minor details are missing. Basic - Identifies at least three specific steps that could be taken to minimize the impact this could have on the firm’s success. Somewhat justifies why these steps would be the most appropriate in this situation. Relevant details are missing. Below Expectations - Identifies at least three specific steps that could be taken to minimize the impact this could have on the firm’s success and attempts to justify why these steps would be the most appropriate in this situation; however, significant details are missing. Non-Performance - The three specific steps that could be taken to minimize the impact this could have on the firm’s success and justification of why these steps would be the most appropriate in this situation are either nonexistent or lack the components described in the assignment instructions.   Written Communication: Control of Syntax and Mechanics Total: 0.25 Distinguished - Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand. Proficient - Displays comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains only a few minor errors and is mostly easy to understand. Basic - Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written work contains a few errors which may slightly distract the reader. Below Expectations - Fails to display basic comprehension of syntax or mechanics, such as spelling and grammar. Written work contains major errors which distract the reader. Non-Performance - The assignment is either nonexistent or lacks the components described in the instructions.   Written Communication: APA Formatting Total: 0.25 Distinguished - Accurately uses APA formatting consistently throughout the paper, title page, and reference page. Proficient - Exhibits APA formatting throughout the paper. However, layout contains a few minor errors. Basic - Exhibits limited knowledge of APA formatting throughout the paper. However, layout does not meet all APA requirements. Below Expectations - Fails to exhibit basic knowledge of APA formatting. There are frequent errors, making the layout difficult to distinguish as APA. Non-Performance - The assignment is either nonexistent or lacks the components described in the instructions.   Written Communication: Page Requirement Total: 0.25 Distinguished - The length of the paper is equivalent to the required number of correctly formatted pages. Proficient - The length of the paper is nearly equivalent to the required number of correctly formatted pages. Basic - The length of the paper is equivalent to at least three quarters of the required number of correctly formatted pages. Below Expectations - The length of the paper is equivalent to at least one half of the required number of correctly formatted pages. Non-Performance - The assignment is either nonexistent or lacks the components described in the instructions.   Written Communication: Resource Requirement Total: 0.25 Distinguished - Uses more than the required number of scholarly sources, providing compelling evidence to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment. Proficient - Uses the required number of scholarly sources to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment. Basic - Uses less than the required number of sources to support ideas. Some sources may not be scholarly. Most sources on the reference page are used within the body of the assignment. Citations may not be formatted correctly. Below Expectations - Uses an inadequate number of sources that provide little or no support for ideas. Sources used may not be scholarly. Most sources on the reference page are not used within the body of the assignment. Citations are not formatted correctly. Non-Performance - The assignment is either nonexistent or lacks the components described in the instructions.   Powered by    

Week 3 – Assignment

 

Market Competitiveness

Compose a 4 page paper (not including the title and reference pages). Your paper should be written in a scholarly third-person tone; it should be in APA format. Your essay should address the following:

  1. Evaluate the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to a lack of financial resources.
  2. Propose at least three alternative approaches for organizations which have limited financial resources.
  3. Identify at least three specific steps that could be taken to minimize the impact implementing these alternative approaches could have on the firm’s success. Justify why these steps would be the most appropriate in this situation.

In addition to the text(Text was given in Week 1), cite at least two scholarly references to support your discussion.

Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.
 

Assignment 3 Grading Rubric 

BUS681.W3A1.12.2014

Description:

 

Total Possible Score: 7.00

Evaluates the Concept of Market Competitiveness In Relation to an Organization’s Pay System

Total: 2.00

Distinguished – Comprehensively and accurately evaluates the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to lack of financial resources. Utilizes scholarly sources to support the evaluation.

Proficient – Evaluates the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to lack of financial resources. Utilizes scholarly sources to support the evaluation. Minor details are missing or inaccurate.

Basic – Partially evaluates the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to lack of financial resources. Somewhat utilizes scholarly sources to support the evaluation. Relevant details are missing or inaccurate.

Below Expectations – Attempts to evaluate the concept of market competitiveness in relation to an organization’s pay system, particularly when it is unable to offer its employees market competitive salaries due to lack of financial resources; however, does not utilize scholarly sources to support the evaluation and significant details are missing and/or inaccurate.

Non-Performance – The evaluation of the concept of market competitiveness in relation to an organization’s pay system is either nonexistent or lacks the components described in the assignment instructions.

 

Proposes at Least Three Alternative Approaches For Organizations Which Have Limited Financial Resources

Total: 2.00

Distinguished – Proposes at least three appropriate and detailed alternative approaches for organizations which have limited financial resources.

Proficient – Proposes at least three appropriate alternative approaches for organizations which have limited financial resources. Minor details are missing.

Basic – Proposes at least three alternative approaches for organizations which have limited financial resources. Relevant details are missing and/or one approach is not appropriate.

Below Expectations – Attempts to propose at least three alternative approaches for organizations which have limited financial resources; however, fewer than three alternative approaches are proposed, more than one approach is not appropriate, and/or significant details are missing.

Non-Performance – The three proposed alternative approaches for organizations which have limited financial resources are either nonexistent or lack the components described in the assignment instructions.

 

Identifies at Least Three Specific Steps That Could Be Taken to Minimize the Impact This Could Have On the Firm’s Success and Justifies Why These Steps Would Be the Most Appropriate In This Situation

Total: 2.00

Distinguished – Identifies at least three realistic and specific steps that could be taken to minimize the impact this could have on the firm’s success. Fully justifies why these steps would be the most appropriate in this situation.

Proficient – Identifies at least three specific steps that could be taken to minimize the impact this could have on the firm’s success. Justifies why these steps would be the most appropriate in this situation. Minor details are missing.

Basic – Identifies at least three specific steps that could be taken to minimize the impact this could have on the firm’s success. Somewhat justifies why these steps would be the most appropriate in this situation. Relevant details are missing.

Below Expectations – Identifies at least three specific steps that could be taken to minimize the impact this could have on the firm’s success and attempts to justify why these steps would be the most appropriate in this situation; however, significant details are missing.

Non-Performance – The three specific steps that could be taken to minimize the impact this could have on the firm’s success and justification of why these steps would be the most appropriate in this situation are either nonexistent or lack the components described in the assignment instructions.

 

Written Communication: Control of Syntax and Mechanics

Total: 0.25

Distinguished – Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand.

Proficient – Displays comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains only a few minor errors and is mostly easy to understand.

Basic – Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written work contains a few errors which may slightly distract the reader.

Below Expectations – Fails to display basic comprehension of syntax or mechanics, such as spelling and grammar. Written work contains major errors which distract the reader.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

 

Written Communication: APA Formatting

Total: 0.25

Distinguished – Accurately uses APA formatting consistently throughout the paper, title page, and reference page.

Proficient – Exhibits APA formatting throughout the paper. However, layout contains a few minor errors.

Basic – Exhibits limited knowledge of APA formatting throughout the paper. However, layout does not meet all APA requirements.

Below Expectations – Fails to exhibit basic knowledge of APA formatting. There are frequent errors, making the layout difficult to distinguish as APA.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

 

Written Communication: Page Requirement

Total: 0.25

Distinguished – The length of the paper is equivalent to the required number of correctly formatted pages.

Proficient – The length of the paper is nearly equivalent to the required number of correctly formatted pages.

Basic – The length of the paper is equivalent to at least three quarters of the required number of correctly formatted pages.

Below Expectations – The length of the paper is equivalent to at least one half of the required number of correctly formatted pages.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

 

Written Communication: Resource Requirement

Total: 0.25

Distinguished – Uses more than the required number of scholarly sources, providing compelling evidence to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Proficient – Uses the required number of scholarly sources to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Basic – Uses less than the required number of sources to support ideas. Some sources may not be scholarly. Most sources on the reference page are used within the body of the assignment. Citations may not be formatted correctly.

Below Expectations – Uses an inadequate number of sources that provide little or no support for ideas. Sources used may not be scholarly. Most sources on the reference page are not used within the body of the assignment. Citations are not formatted correctly.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

 

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