To Use a Organizational Enhancement Approach for the Justification of New

question 7

Multiple Choice

To use a organizational enhancement approach for the justification of new HRIS, one must use:

• A)benchmarking on HR audit metrics
• B)the savings from self-service employee portals as the major savings
• C)the savings from decreasing the number of HR employees needed to process the HRM
• D)employee information
• E)a cost-benefit analysis

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Definitions:

Marginal Utility

The additional satisfaction or benefit received from consuming one more unit of a good or service.

Perfect Substitutes

Items or services that can replace each other without any decrease in value or enjoyment for the user.

Utility per Dollar

A metric assessing the amount of utility or satisfaction a consumer receives per dollar spent on a good or service.

ADH

Antidiuretic Hormone, a hormone that helps to control the balance of water in the body by affecting the kidneys.