Scenario 1.2 the Leadership at ABS Inc. Has Been Pondering on the on the Use

question 38

Multiple Choice

Scenario 1.2
The leadership at ABS Inc. has been pondering on the use of higher levels and intensity of technology in their operations. The organization has a close knit group of about 200 employees and a strong organizational culture. It is worried that its employees could become dependent on technology and this would affect the culture. The firm is also worried about the costs to implement the technology and whether the employees can be trained.
-Refer to Scenario 1.2. What is a key advantage for ABS Inc. if they install better HRISs?

• A) They will outperform all competitors.
• B) HR personnel can concentrate on strategic issues versus routine.
• C) Employees will be better paid.
• D) Application rates will increase.

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Definitions:

High Technology

Advanced technological development, especially in the fields of information technology, robotics, telecommunications, and other leading-edge sectors.

Debt And Equity

Financial instruments used by companies to finance their operations and growth, with debt involving borrowing money and equity referring to issuing stock to raise capital.

Entrepreneur

An individual who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

Initial Capital Requirements

The initial amount of money needed to start a business or investment, covering costs like equipment, inventory, and leasing.