Selecting and Implementing an HRIS Can Be Time Consuming as Well

question 20

Multiple Choice

Selecting and implementing an HRIS can be time consuming as well as costly. Before an organization decides to purchase a system, it is important to ask which of the following questions?

• A) What do the employees expect of an HRIS?
• B) What type of system does the organization need?
• C) Does the employee base have the required IT skills?
• D) What do the competitors do?
• E) Is the organization ready for an HRIS?

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Definitions:

Marginal Revenue Product

The extra income produced by using an additional unit of a production input, like labor or capital.

Productivity

Refers to the measure of output per unit of input.

Input Demand Curves

Graphs showing the relationship between the price of inputs and the quantity of inputs demanded by producers.

Marginal Product

The elevation in production output stemming from the addition of one unit of input.