Calculating a cost-benefit ratio to support a decision

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What are the factors you would have to use in calculating a cost-benefit ratio to support a decision to purchase a new HRIS when the organization already has an HRIS that was acquired ten years ago? Be sure to mention the factors that would comprise the costs (direct and indirect) and the benefits (direct and indirect) of the current system versus the proposed system.

Reference no: EM131674639

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