HRCI
SPHR · Question #60
To analyze the financial impact of HR's business contribution, the best indicator of success is a:
The correct answer is C. cost-benefit analysis. Cost-benefit analysis (CBA) compares the tangible financial gains against the costs of HR programs -- ideal for proving HR's business value in financial terms. SPHR professionals must connect HR programs to quantifiable ROI metrics to influence executive decisions.
Business Management & Strategy
Question
To analyze the financial impact of HR's business contribution, the best indicator of success is a:
Options
- Adelivery on key performance indicators (KPIs)
- Bbalanced scorecard
- Ccost-benefit analysis
How the community answered
(47 responses)- A9% (4)
- B15% (7)
- C77% (36)
Explanation
Cost-benefit analysis (CBA) compares the tangible financial gains against the costs of HR programs -- ideal for proving HR's business value in financial terms. SPHR professionals must connect HR programs to quantifiable ROI metrics to influence executive decisions.
Topics
#HR financial impact#cost-benefit analysis#HR metrics#business contribution
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