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CAIB 4 Exam

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CAIB 4

4 Forms of operating affiliations—ANSWER--loosely knit, general purpose groups,

clusters, common identity groups


What are the considerations when evaluating operating affiliations—ANSWER--services

and support, exclusivity, fees, contractual agreement, financial strength


What is the law of agency—ANSWER--when one entity acts on behalf of another


6 activities with human resources management function—ANSWER--planning,

selecting, orienting, training, developing & rewarding, managing performance


the 3 steps in the selection process of new employees—ANSWER--recruitment,

screening and interviewing, hiring


4 advantages of hiring within—ANSWER--cost effective, shorter vacancy, takes

guesswork out of hiring, reduces turnover


5 components of screening process—ANSWER--application, resume, interview, testing,

reference checks


most critical component of the orientation process—ANSWER--the explanation of

performance expectations


4 kinds of training programs recommended for brokerages—ANSWER--quality service

training, sales training, product and service knowledge, leadership training

, 4 elements of the training program—ANSWER--who, what, why, how


how does a career path relate to an employee's development within brokerage—

ANSWER--it shows the employee how they may progress from one position to another

and what kinds of skills and education will be required in order to progress


6 components of leadership—ANSWER--delegating, motivating, communication,

managing conflict, managing change, coaching


key factor of effective delegation—ANSWER--communication is the key factor of

delegation


2 reasons why delegation breaks down—ANSWER--when the balance between

responsibility and authority is not maintained and when communication between the

parties is not clear


non verbal communication—ANSWER--need to consider not only what you say but how

you say it


body language—ANSWER--others may interpret words differently if body language,

gestures, mannerisms are not supporting the words


active listening—ANSWER--ability to read between the lines, asks questions to seek

clarification


how managers can promote open communication—ANSWER--demonstrate a desire to

communicate, display a tendency to take action, maintain flexibility, employ active

listening skills




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protected by copyright law, Copyrighted By Brittie Donald

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