1|Page
MHA 702 Test 3 Exam ||Verified Exam!!|| Most Recent
Exam Actual Complete Real Exam Questions And
Correct Answers (Verified Answers) Already Graded
A+ | Guaranteed Success!! | Newest Exam!!!
preparing single, designated successor - Answer-
succession planning
preparing several candidates for single position - Answer-
career planning
All/Some companies should partake in succession
planning - Answer-All
positions that use succession planning - Answer-CEO &
management
roles of CEO for succession planning - Answer-1) set
succession plan development in motion & direct governing
body/board until plan operational
2) provides input on CEO selection
,2|Page
roles of board of directors for succession planning -
Answer-1) works with CEO, but has final accountability
2) actually selects new CEO
traditionally done by for-profit sector selection b/c
maintains financial stability - Answer-internal hires
hiring someone from outside organization; maintaining
financial stability difficult (6-12 months to regain) - Answer-
external hires
begin 4-5 yrs before CEO expected to step down; begin
w/in 1 yr of hiring new CEO - Answer-lead time
pros for lead time - Answer-saves money, maintains
leadership continuity
cons for not doing lead time - Answer-loses money; takes
6-12 months for finances to regain
cost of recruiting - Answer-search firms = 40% annual
salary
,3|Page
cost of employee turnover - Answer-1) negligent hiring can
lead to defamation
2) unemployment costs
manager role in soliciting candidates, interviewing, & hiring
employees - Answer-1) provides HR with approved
personnel req (replacement)
2) provides HR with an accurate job description
-- (HR gets candidates)
3) select candidates from those provided by HR
4) interviews
-- HR offers job
how best to check references - Answer-best done through
single HR
how best to share information with other employers -
Answer-done by facts & from file; specific #
, 4|Page
how best to record request - Answer-strictly from file;
specific # instances; centrally addressed (same
person/dept)
how best to conduct interview - Answer-interview best
prospects; 2-5 applicants; person primarily/directly
supervise serve as primary interviewer & make hiring
choice
recruiting in high employment - Answer-print & media
advertising
networking
job fairs
recruiting trips
search firms
recruiting in low employment - Answer-(sellers market)
internships
moving expenses
assist spouses in finding employment
signing bonuses
finders fee/bounty = employee referral program
MHA 702 Test 3 Exam ||Verified Exam!!|| Most Recent
Exam Actual Complete Real Exam Questions And
Correct Answers (Verified Answers) Already Graded
A+ | Guaranteed Success!! | Newest Exam!!!
preparing single, designated successor - Answer-
succession planning
preparing several candidates for single position - Answer-
career planning
All/Some companies should partake in succession
planning - Answer-All
positions that use succession planning - Answer-CEO &
management
roles of CEO for succession planning - Answer-1) set
succession plan development in motion & direct governing
body/board until plan operational
2) provides input on CEO selection
,2|Page
roles of board of directors for succession planning -
Answer-1) works with CEO, but has final accountability
2) actually selects new CEO
traditionally done by for-profit sector selection b/c
maintains financial stability - Answer-internal hires
hiring someone from outside organization; maintaining
financial stability difficult (6-12 months to regain) - Answer-
external hires
begin 4-5 yrs before CEO expected to step down; begin
w/in 1 yr of hiring new CEO - Answer-lead time
pros for lead time - Answer-saves money, maintains
leadership continuity
cons for not doing lead time - Answer-loses money; takes
6-12 months for finances to regain
cost of recruiting - Answer-search firms = 40% annual
salary
,3|Page
cost of employee turnover - Answer-1) negligent hiring can
lead to defamation
2) unemployment costs
manager role in soliciting candidates, interviewing, & hiring
employees - Answer-1) provides HR with approved
personnel req (replacement)
2) provides HR with an accurate job description
-- (HR gets candidates)
3) select candidates from those provided by HR
4) interviews
-- HR offers job
how best to check references - Answer-best done through
single HR
how best to share information with other employers -
Answer-done by facts & from file; specific #
, 4|Page
how best to record request - Answer-strictly from file;
specific # instances; centrally addressed (same
person/dept)
how best to conduct interview - Answer-interview best
prospects; 2-5 applicants; person primarily/directly
supervise serve as primary interviewer & make hiring
choice
recruiting in high employment - Answer-print & media
advertising
networking
job fairs
recruiting trips
search firms
recruiting in low employment - Answer-(sellers market)
internships
moving expenses
assist spouses in finding employment
signing bonuses
finders fee/bounty = employee referral program
