Asked by Julianna Velaj on Jun 19, 2024
Verified
In 2019, Zenefits seemed to have addressed much of what plagued its rapid growth and resulting problems by converting to a(n) _________________.
A) private HR technology platform
B) publicly traded brokerage service
C) public insurance provider
D) corporate compliance service
HR Technology Platform
Digital solutions that automate and facilitate managing human resource functions, including recruitment, payroll, performance management, and employee engagement.
Publicly Traded
Refers to companies whose shares are bought and sold by the public on stock exchanges.
- Identify the distinctions among multiple business models employed by internet platforms.
Verified Answer
KY
Kaitlynn YoungJun 22, 2024
Final Answer :
A
Explanation :
In 2019, Zenefits pivoted to focus on becoming a private HR technology platform, aiming to streamline human resources services for businesses, which helped address the issues stemming from its rapid growth and regulatory challenges.
Learning Objectives
- Identify the distinctions among multiple business models employed by internet platforms.
Related questions
Zenefits Initially Helped ______ Businesses as a ________ Product ...
Temporary Staffing Services Trade in a Functional Exchange
Web Sites Need to Satisfy All of These Criteria Except ...
All of These Are Basic Internet Business Models Except ...
The Internet Is Not a Fixed Thing, Rather It Is_______________ ...