This is often referred to enrolling, maintaining, managing, and discontinuing benefits for employees and often for their dependents.
What is Benefits administration
Components of a BMS includes
A. Database Management Systems
B. Predictive Information Systems
C. Decision- Making Information Systems
D. All the Above
What is All the Above
Provides significantly faster (real-time) inventory tracking and management
What is Radiofrequency identification (RFID)
States that the number of transistors on a computer chip doubles approximately every 18 months.
What is Moore’s Law
Displays a project in its component parts.
What is a Gantt Chart
Refers to the strategic use of employees to allow organizations to operate efficiently and gain competitive advantage
What is Human resources management (HRM)
Provides the organization with complete control of the management system.
What is a on-premises solution
This focuses on inventory optimization to includes accurate determination of the re-ordering point and the order quantity levels.
What is a Modern inventory management systems
In this era you could anticipate receiving a paper copy of a course syllabus during the first week of class.
The student would be responsible for keeping this syllabus for the rest of the semester.
What is the 1980s
Name the Four Phases of the Project Management (PR) Process
What is
During the 1970s, Xerox and IBM developed software that tracked payroll and compensation for corporations with mainframe computers.
What is SAP
Serves to store and classify information for managers
What is a Database Management System
In the early 1970s, the modern era of inventory management systems evolved with the development
What is Universal Product Codes (UPC)
In this era students should expect to be able to view a syllabus, from any course, at any time from their phone.
The same is true with employee benefits or compensation records, with work schedules and retirement plans.
What is the Present Day
This software provides common tools such as rescheduling tasks due to shifting deadlines and generating reports for the stakeholders affected by any changes.
What is Project Management (PM) Systems Software
What is the reason why HR managers outsource many HR responsibilities or depend on HRM systems to support their efforts.
What is due to extensive governmental oversight regarding employees, HRM involves a significant degree of legal expertise.
What is one disadvantages of on-premise solution arrangement
What is
Inventory management is often critical to a business's success in what way
What is Prevents overstocking inventory
Seeks to increase management efficiency by capitalizing on the technological advances made in the areas of management.
What is a Business Management System
During this phase of a project Managers constantly monitor the progress of the project and the project's resources.
What is Execution Phase
Name 3 roles an HR manager must consider
What is
This solution provides many advantages to both keeping the hardware and software on premises and storing a custom management system on the Cloud.
What is Software-as-a-Service
In what way can Inventory Management Systems benefit reordering
What is
This term was never coined
What is Moore Law
Bonus 2pts
Uses data mining techniques that combine and then add data visualization tools so that managers can make faster, more informed, decisions.
What is Business Intelligence (BI)