All of the Following Statements About the Online Insurance Industry

question 43

Multiple Choice

All of the following statements about the online insurance industry are True except:

• A) the Internet has dramatically changed the insurance industry's value chain.
• B) Web sites of almost all the major firms provide the ability to obtain an online quote.
• C) Internet usage has led to a decline in term life insurance prices industry-wide.
• D) the industry has been very successful in attracting visitors searching for information.

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Definitions:

HR Metrics Workforce Analytics

Quantitative measures and analysis techniques used to assess the performance and impact of human resources practices on an organization.

Business Intelligence

The technology-driven process for analyzing data and presenting actionable information to help executives, managers, and other corporate end users make informed business decisions.

Strategic Decision Making

High-level, long-term decisions made by top executives that shape the direction and future of an organization.

HRM Software Information

Systems and applications that automate and facilitate human resource management tasks, from payroll to employee performance evaluation.