Question: Conduct scholarly research to provide a detailed response to one of the questions listed below:
1. Compare/contrast the essential differences between the best-fit and best-practices perspectives. How do these perspectives impact an organization's competitive advantage?
2. Compare/contrast the three tests for any source of competitive advantage: align, differentiate, and add value. Discuss whether these tests are difficult to pass. How can compensation be a source of competitive advantage for an organization?
3. Analyze the four policy issues in the pay model? What purposes do the objectives in the pay model serve? How can leadership use these issues to help shape a total rewards compensation strategy?