An HRIS Is Made Up of a Number of Systems

question 30

Multiple Choice

An HRIS is made up of a number of systems that can store data. This data can be used to create information that will serve different purposes for many different stakeholders. One of the key functions of an HRIS is to

• A) provide information to HR.
• B) provide information to managers.
• C) provide information to HR and managers.
• D) discipline employees.
• E) define organizational climate.

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Definitions:

Fixed-Period System

A system in which inventory orders are made at regular time intervals.

Economic Batches

The optimal production quantity that minimizes the total cost, including setup costs and holding costs, ensuring cost-efficient production runs.

Holding Costs

Expenses associated with storing unsold inventory, including warehousing, insurance, and spoilage costs.

Setup Costs

The expenses incurred to ready equipment, processes, or systems for production or operation. These costs do not vary with the quantity produced.