MHA 702 EXAM 3 Questions and
Answers 100% Solved
preparing single, designated successor - CORRECT ANSWER-succession
planning
preparing several candidates for single position - CORRECT ANSWER-career
planning
All/Some companies should partake in succession planning - CORRECT
ANSWER-All
positions that use succession planning - CORRECT ANSWER-CEO &
management
roles of CEO for succession planning - CORRECT ANSWER-1) set succession
plan development in motion & direct governing body/board until plan operational
2) provides input on CEO selection
roles of board of directors for succession planning - CORRECT 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 -
CORRECT ANSWER-internal hires
hiring someone from outside organization; maintaining financial stability difficult
(6-12 months to regain) - CORRECT ANSWER-external hires
begin 4-5 yrs before CEO expected to step down; begin w/in 1 yr of hiring new
CEO - CORRECT ANSWER-lead time
pros for lead time - CORRECT ANSWER-saves money, maintains leadership
continuity
cons for not doing lead time - CORRECT ANSWER-loses money; takes 6-12
months for finances to regain
cost of recruiting - CORRECT ANSWER-search firms = 40% annual salary
cost of employee turnover - CORRECT ANSWER-1) negligent hiring can lead to
defamation
2) unemployment costs
manager role in soliciting candidates, interviewing, & hiring employees -
CORRECT ANSWER-1) provides HR with approved personnel req (replacement)
2) provides HR with an accurate job description
-- (HR gets candidates)
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED
, 3) select candidates from those provided by HR
4) interviews
-- HR offers job
how best to check references - CORRECT ANSWER-best done through single
HR
how best to share information with other employers - CORRECT ANSWER-done
by facts & from file; specific #
how best to record request - CORRECT ANSWER-strictly from file; specific #
instances; centrally addressed (same person/dept)
how best to conduct interview - CORRECT ANSWER-interview best prospects;
2-5 applicants; person primarily/directly supervise serve as primary interviewer &
make hiring choice
recruiting in high employment - CORRECT ANSWER-print & media advertising
networking
job fairs
recruiting trips
search firms
recruiting in low employment - CORRECT ANSWER-(sellers market)
internships
Answers 100% Solved
preparing single, designated successor - CORRECT ANSWER-succession
planning
preparing several candidates for single position - CORRECT ANSWER-career
planning
All/Some companies should partake in succession planning - CORRECT
ANSWER-All
positions that use succession planning - CORRECT ANSWER-CEO &
management
roles of CEO for succession planning - CORRECT ANSWER-1) set succession
plan development in motion & direct governing body/board until plan operational
2) provides input on CEO selection
roles of board of directors for succession planning - CORRECT 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 -
CORRECT ANSWER-internal hires
hiring someone from outside organization; maintaining financial stability difficult
(6-12 months to regain) - CORRECT ANSWER-external hires
begin 4-5 yrs before CEO expected to step down; begin w/in 1 yr of hiring new
CEO - CORRECT ANSWER-lead time
pros for lead time - CORRECT ANSWER-saves money, maintains leadership
continuity
cons for not doing lead time - CORRECT ANSWER-loses money; takes 6-12
months for finances to regain
cost of recruiting - CORRECT ANSWER-search firms = 40% annual salary
cost of employee turnover - CORRECT ANSWER-1) negligent hiring can lead to
defamation
2) unemployment costs
manager role in soliciting candidates, interviewing, & hiring employees -
CORRECT ANSWER-1) provides HR with approved personnel req (replacement)
2) provides HR with an accurate job description
-- (HR gets candidates)
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED
, 3) select candidates from those provided by HR
4) interviews
-- HR offers job
how best to check references - CORRECT ANSWER-best done through single
HR
how best to share information with other employers - CORRECT ANSWER-done
by facts & from file; specific #
how best to record request - CORRECT ANSWER-strictly from file; specific #
instances; centrally addressed (same person/dept)
how best to conduct interview - CORRECT ANSWER-interview best prospects;
2-5 applicants; person primarily/directly supervise serve as primary interviewer &
make hiring choice
recruiting in high employment - CORRECT ANSWER-print & media advertising
networking
job fairs
recruiting trips
search firms
recruiting in low employment - CORRECT ANSWER-(sellers market)
internships
