Royall & Company Streamlined Its Annual Benefits Package Enrollments by Digitizing

question 40

Multiple Choice

Royall & Company streamlined its annual benefits package enrollments by digitizing and aggregating the former paper benefits reports, electronic spreadsheets, and benefit summaries and providing the materials at a single location on the company intranet. Royall is using a(n) .

• A)customer relationship management system
• B)database
• C)data warehouse
• D)outsourcing model
• E)HR portal

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Definitions:

Weak Management

Ineffective leadership and decision-making in an organization that can lead to reduced productivity and morale.

Substitute Products

Goods or services that can be used in place of each other, offering a choice to consumers and affecting demand and pricing in competitive markets.

Intense Rivalry

A competitive situation where entities aggressively compete for market share, recognition, or success in a given field.

Bargaining Power

The relative capacity of parties in a situation to exert influence over each other, especially in negotiations to dictate terms and conditions.