Gavin Chen Is the VP of HR at Motion

question 50

Multiple Choice

Gavin Chen is the VP of HR at Motion.com.The company has recently concluded its adoption phase and entered the implementation phase of an HRIS.Gavin is faced with the task of putting together a project team for the implementation phase.He should include which of the following?

• A)outside consultants who have technical skills
• B)outside consultants who have change management and legal compliance skills and subject matter experts from HR and payroll
• C)subject matter experts from HR and payroll
• D)a senior project manager to lead the team
• E)outside consultants who have technical and change management skills and subject matter experts from HR and payroll

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Definitions:

Hard Rationing

A situation where companies cannot obtain funds for investment, even if they are willing to pay higher interest rates, due to external factors.

Net Present Value

A calculation that determines the current value of a series of future cash flows, discounted back to their present value at a specific discount rate.

Funding Requests

Applications or appeals for financial support, typically made by businesses or organizations to potential investors or grant bodies.

Degree of Operating Leverage

A financial ratio that measures the sensitivity of a company's operating income to its sales volume, indicating how earnings are affected by revenue changes.