A Company Has Concluded Its Adoption Phase of an HRIS

question 15

Multiple Choice

A company has concluded its adoption phase of an HRIS and has sent a request to vendors to schedule demonstrations of the various systems available. The company will ultimately choose one that most closely aligns with their needs analysis, budget, and management requirements. What is this request known as?

• A) The adoption phase request
• B) Request for information
• C) Request for proposal
• D) A selection request
• E) The implementation phase request

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Definitions:

Speculative Motive

The intent to hold cash or assets in anticipation of future price changes to make a profit.

Money Supply

The aggregate money supply in an economy at a particular time, covering cash, coins, and deposits in checking and savings accounts.

Demand Deposits

Bank accounts from which deposited funds can be withdrawn at any time without any advance notice to the bank.

Treasury Bills

Short-term government securities issued at a discount from the face value and maturing in a year or less, representing a secure, low-risk investment option.