Cost-Benefit Analysis Quiz

What is one of the financial considerations mentioned in the text?

• Employee satisfaction

• Data analysis

• Reduced turnover rates

• Software licenses

Which of the following is a short-term benefit of investing in HR solutions?

• Better business outcomes

• Increased employee satisfaction

• Decreased hiring costs

• Improved decision-making

What is a long-term benefit of high employee satisfaction?

• Increased hiring costs

• System downtime

• Lower absenteeism

• Higher turnover rates

Which of the following is NOT listed as an intangible benefit?

• Positive work culture

• Reduced turnover rates

• Higher productivity

• Increased hiring costs

What does the term 'system downtime' refer to?

• Improved workflow

• Higher employee satisfaction

• Increased employee engagement

• Temporary loss of access to systems

What is a potential risk mentioned in the text?

• Employee training

• Compatibility issues

• Software licenses

• Data analysis

How can modern HR technologies assist companies?

• By reducing employee satisfaction

• By complicating workflows

• By increasing hiring costs

• By generating comprehensive analytics

What is one of the costs associated with system implementation?

• Turnover rates

• Employee satisfaction

• Training costs

• Data analysis

Which of the following contributes to a smoother workflow?

• Good systems

• High turnover rates

• Increased hiring costs

• System downtime

What is a key factor in maintaining a productive workforce?

• High levels of employee satisfaction

• Increased hiring costs

• High levels of employee dissatisfaction

• System compatibility issues