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The strengths, weaknesses, opportunities, and threats facing a business - (answer)What is a
SWOT analysis useful for determining?
You and your staff - (answer)Who has the best information about your firm's operations to assist
in writing your disaster recovery plan?
The number of licensees to use - (answer)Which of the following is one of the key decisions a
brokerage makes when deciding how to staff the sales force?
This is a valid reason to terminate the licensee's affiliation with the broker. - (answer)Broker
Craig fires salesperson Enrique for violating a provision of the license law. Which of the
following is true of this situation?
Due to circumstances beyond their control, the parties can't legally or practically do what they've
agreed to do. - (answer)In which of the following scenarios is impossibility of contract
performance occurring?
,Employment Level - (answer)Which of the following demographic data points would a
brokerage be most interested in when evaluating a market?
Management Style - (answer)When discussing a merger, what would corporate cultural fit relate
to?
Line (Judy has line authority because she's directly responsible for achieving the company's
financial goals.) - (answer)As manager of the sales team, Judy has direct responsibility for
reaching the company's financial goals. What type of authority does Judy have?
Is she interested in promotion?
Before spending time to evaluate Harriet's skills related to promotion, managers should find out
if Harriet is even interested in being promoted. - (answer)Harriet is a hard worker. Of all of the
unlicensed staff, she receives the most consistently positive evaluations from her boss. She's the
face of the firm, greeting walk-in and telephone clients with a friendly, efficient manner. She
knows exactly where to find anything and any information she and her colleagues need. What's
the first question managers should ask when determining if Harriet is suitable for promotion?
Indirect
, Marketing is a strategic process that impacts all departments in a firm. Its impact on sales is
critical, but indirect - (answer)What impact do marketing efforts have on sales?
Culture of retention - (answer)A(n) ______ is certain to save a brokerage money
Require identification from customers and clients before real estate professionals go into the
field with them. - (answer)Which of the following is a good example of proper safety and
security measures for employees at a brokerage office?
Tactical planning
Tactical planning is the most granular level of planning. Once the long-range plan has been
broken down into smaller tasks, the management and staff are responsible for carrying out the
tactics. - (answer)Which of the following business planning activities breaks the long-range plan
down into smaller tasks and identifies which segment(s) of the company are responsible for
doing what?