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Minchanka [31]
3 years ago
8

The brave new world of artificial intelligence (AI) is beginning to appear in applications for delivering human resource managem

ent services. Imagine how Amazon's Alexa for Business device might be used to provide the "human" touch to employees. Alexa has mastered thousands of skills and continues to get smarter every day. Amazon is hoping that companies might put Alexa to work for tasks like booking hotel rooms, scheduling and administering virtual meetings, and doing other duties that can be programmed into an algorithm. IBM is producing a chatbot that is designed to replicate a human voice. The chatbot can be used during employment recruiting, during onboarding and training of employees, and for answering questions in an employee service center. These intelligent assistants may be the next revolution in workplace technology.
These AI/chatbots are becoming more popular due to changing consumer and employee preferences. Millennials and individuals in Generation Z have little patience when making a request; they typically expect a response within 10 minutes. It can be difficult for human workers to respond that quickly with accurate and timely information. AI devices can scour countless company documents and other sources of information to rapidly compile all of the facts needed to response to an inquiry. IBM's Watson computer can quickly identify important information and connect it together to deliver to the person asking the question. Workers who are accustomed to getting this speedy service in their personal lives will soon expect their company's HR department to be just as efficient. So, HR professionals of the future may need to start learning about how this technology can help them serve employees better.

Talent acquisition and onboarding processes can be greatly improved by incorporating AI. Consistency in responding to frequently asked questions about employee benefits and career opportunities can enhance the employee experience. This technology can be especially helpful to workers who operate remotely and rarely interact with HR staff in person. A chatbot created by Loka, called Jane, provides real-time answers to a variety of HR questions. She can easily field questions such as "Is Memorial Day a paid holiday?" or "What is the copay for a generic prescription?" Jane can do much more, however. She can be used to proactively promote benefits and programs that employees are not familiar with. Jane can be designed to reach out to employees to notify them of the current wellness programs, like flu shots or weight loss challenges sponsored by the company. She can also collect information and prepare a report to management showing areas of concern. Perhaps many employees are asking questions about a particular learning and development program. Jane can bring this to the attention of HR leaders so that they can investigate further.

Training professionals may also utilize AI technology. IBM's Jill Watson served as a teaching assistant for online courses. She was available to deal with learner questions 24/7/365. This allowed the learner to move forward with the online course rather than waiting for guidance from a live instructor. While not able to field every question, Jill was successful 40 percent of the time. Thus, trainers could spend their time dealing with more complex issues and working with learners face to face.

Dire predictions are being made about a "robot apocalypse" whereby robots will soon replace human workers and unemployment will skyrocket. Which of the following statements, if true, weakens this prediction?

a. Old jobs will be redundant, and new technology will eliminate the need for new job titles.
b. Companies are introducing inflexible scheduling and rigid employment policies, leading to a high attrition rate.
d. Organizations are constantly looking to reduce skills gaps.
Business
1 answer:
koban [17]3 years ago
5 0

Answer:

i think the answer is a

Explanation:

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You just received a loan offer from Mako Loans. The company is offering you $8,000 at 6.25 percent interest. The monthly payment
sineoko [7]

Answer:

c) 3.75 years

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity. The value of the annuity is also determined by the present value of annuity payment.

Formula for Present value of annuity is as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Where

P = Monthly Payment = $200

r = rate of interest = 6.25%

PV = Loan amount = $8,000

As we already have the present value of annuity we need to calculate the rate of return.

$8,000 = $200 x [ ( 1- ( 1+ 6.25%/12 )^-n ) / 0.0625/12 ]

$8,000 / $200 = [ ( 1- ( 1.0052 )^-n ) / 0.0052 ]

40 x 0.0052 = 1- ( 1.0052 )^-n

0.028 = 1 - 1.0052^-n

0.028 - 1 = - 1.0052^-n

-0.792 = - 1.0052^-n

0.792 = 1/1.0052^n

1.0052^n = 1/0.792

1.0052^n = 1.2626

n log 1.0052 = log 1.2626

n = log 1.2626 / log 1.0052

n = 44.96 months

n = 44.96 / 12 = 3.75

8 0
3 years ago
What are the different childcare options that families have?
vaieri [72.5K]
There are several childcare options for families, but some are more financially restrictive for some families.

-Families can choose to have one parent stay home

-They can ask a family member (ie. grandparent, aunt)

-They can use a local daycare center

-They can hire a live in nanny

-They can hire a babysitter

-They can hire an au pair

-Parents can set up a schedule with their friends who are parents to watch each others' children

Hope this helps! :)
7 0
3 years ago
Suppose that a country has no public debt in year 1 but experiences a budget deficit of $50 billion in year 2, a budget deficit
Phoenix [80]

Answer:

The answers are:

  1. $62 billion
  2. WHAT IS THE QUESTION?

Explanation:

The absolute size of the public debt is calculated by adding all the deficits from years 2, 3 and 5 and subtracting the surplus of year 4:

total public debt = $50 billion + $30 billion + $2 billion - $20 billion  

total public debt = $62 billion

7 0
4 years ago
Presented below are transactions related to Bogner Company.
antoniya [11.8K]

Explanation:

The journal entries are shown below:

a. On December 3

Account receivable A/c Dr $570,000

            To Sales $570,000

(Being the goods are sold on credit)

Cost of goods sold A/c Dr $350,000

           To Merchandise Inventory A/c $350,000

(Being goods are sold at cost)

On December 8

Sales return and allowance A/c Dr $20,000

            To Accounts receivable $20,000

(Being sales return is recorded)  

On December 13

Cash A/c Dr                   $539,000

Sales Discount A/c Dr $11,000

     To  Accounts receivable    $550,000

(Being cash received recorded)

The computation of the account receivable  

= Credit sales - returned goods

= $570,000 - $20,000

= $550,000

And, the discount would be

= Accounts receivable × percentage given

= $550,000 × 2%

= $11,000

The remaining amount would be credited to the cash account.

b. On January 2

Cash $550,000

    To Account receivable $550,000

(Being the receipt of payment is recorded)

6 0
3 years ago
During year 1, albrecht sold his personal sport plane that had an adjusted basis to him of $112,000 to roy for $140,000. roy pai
Airida [17]

Answer:

$8000

Explanation:

Given that:

Adjusted basis of sport plane = $112,000

Sales price = $140,000

Down payment = $40,000

Balance paid in $20,000 installment for the nest 5 years

Gross income:

Gross income = sales price - adjusted basis

Gross income = $140,000 - $112,000

Gross income = $28,000

Based on the installment payment of $20,000:

140,000/20,000 = 7

Gross income = $28000/ 7 = $4000

With down payment being 40,000

In year 1, down payment of $40,000 was made, which is 2 times the yearly installment amount.

Hence gross profit in year 1 = $4000 × 2 = $8000

5 0
3 years ago
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