Escapade Inc

question 116

Multiple Choice

Escapade Inc., a travel agency in Sydney, is using a highly expensive implementation process for a short period of time. It launches the new system while the old one is still running and employees have to do their jobs twice, once on each system. Which of the following is the company using?

• A)parallel implementation
• B)phased implementation
• C)direct implementation
• D)pilot implementation

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Definitions:

Compensation Strategy

The design and implementation of pay structures and benefits aimed at achieving an organization’s objectives and attracting, motivating, and retaining employees.

Employee Benefits

Various non-wage compensations provided to employees in addition to their normal wages or salaries, such as health insurance, paid vacations, and retirement plans.

Promotion Criteria

The standards and requirements that an employee must meet or exceed to be considered for advancement within an organization.

Chief Executive Officer

The highest-ranking executive in a company, responsible for making major corporate decisions, managing overall operations, and communicating with the board of directors.