What is the difference between cost reduction and organizational enhancement as strategies for HRIS investments?
What will be an ideal response?
Risk avoidance strategies are used when investments are believed to eliminate or mitigate significant future risks faced by the organization. The potential obsolescence of legacy computing systems was a prototypical risk avoidance scenario.
Organization enhancement strategies, on the other hand, highlight how effectiveness of the firm will be improved by the addition of a new or improved HRIS—as measured by increases in revenues or reductions in costs.
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China did not become a member of the World Trade Organization until 2002
Indicate whether the statement is true or false
Last year, XYZ Insurance Company had a combined ratio of 102.4 and lost $10.2 million on the insurance that it sold
The company, however, was required to pay income taxes. The best explanation for this apparent contradiction is that XYZ offset its underwriting loss with A) increased loss reserves. B) investment income. C) increased loss adjustment expenses. D) unearned premiums.
"Glass ceilings":
a. are primarily a problem for women rather than people of color b. have been the focus of enforcement actions by the OFCCP c. are primarily a problem in the financial sector d. all of the above e. none of the above
What is the purpose of a credit analyst investigating the market structure of an industry (e.g., unregulated monopoly, oligopoly, etc.)?
What will be an ideal response?