According to the Textbook,regardless of the Type of HRIS Selected,the

question 11

Multiple Choice

According to the textbook,regardless of the type of HRIS selected,the key reasons for purchase are generally

• A) cost savings, employee retention, and faster processing of information.
• B) faster processing of information, cost savings, and helping the organization to achieve its goals.
• C) cost savings, skills assessment, and employee equity planning.
• D) higher efficiency in data processing, ease of scheduling work, and linking compensation to performance.
• E) maintaining employee records, developing labour relations, and data mining.

---

Definitions:

Production Possibilities Curve

A graphical representation showing the maximum combination of goods or services that can be produced with a fixed amount of resources and technology in a given period.

7 Percent Unemployment

A situation where 7 out of every 100 labor force participants are without a job and actively seeking employment, indicating the level of joblessness in an economy.

U.s. Economy

The United States' economic structure is defined by a mixed-market system, incorporating both private sector businesses and government involvement.

Economic Growth

Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time, typically measured as the percent rate of increase in real gross domestic product (GDP).