VA Broker 45-Hour Brokerage Course Exam Prep: Management, Staffing, Development, Operations 2024

VA Broker 45-Hour Brokerage Course Exam Prep: Management, Staffing, Development, Operations 2024 Effective leaders speak the _______. - Answer -Truth Why should a brokerage participate in a charitable cause? - Answer -To show it cares for the community; to give back Leaders tend to be more _______ -focused. - Answer -People Managers tend to be more ________ -focused. - Answer -Process Which two management styles are similar in their demand for action, are effective in crises, and may be required when an employee or a group needs to be brought into line? - Answer -Coercive and dictatorial Which management style is most often seen in professions where a variance from the ordered path would cause harm, such as in the military? - Answer -Autocratic Which management style means "hands-off" and is best used when employees have been on the job for awhile and know the processes they are to follow without the need for monitoring? - Answer -Laissezfaire Which management style invites teamwork and provides transparency? - Answer -Participatory For what type of worker (independent contractor, exempt or nonexempt employee) is overtime pay required? - Answer -Nonexempt employees Which act regulates overtime pay for nonexempt employees? - Answer -The Fair Labor Standards Act covers wages, overtime pay, minimum wage, and recordkeeping requirements. Independent contractor - Answer -A self-employed person paid on jobs completed rather than hours worked and responsible for setting their own hours and paying their own taxes. What is the purpose of the Equal Employment Opportunity Commission? - Answer -Eliminate discrimination against job applicants and employees. What is the minimum number of employees a brokerage