MHA 710 ACTUAL EXAM BUNDLE DEAL
COMPREHENSIVE EXAMINATION TEST
FULL QUESTIONS AND CORRECT ANSWERS
GRADED A+
⩥ Career planning.
Answer: -succession plans for middle managers
-focuses on many particular individuals
-prepares several candidates for a position
⩥ Senior organization leaders.
Answer: Expected to retire over 5 to 10 years
⩥ Organizations without succession plans.
Answer: Uneasiness is intensified and negatively affect performance
Leaving development of future leaders to chance
⩥ CEO is responsible for.
Answer: Initiating succession planning
⩥ Organizations with succession plans.
,Answer: More likely to have smoother leadership transition
⩥ Board of directors is responsible for.
Answer: Appointing a successor
⩥ Succession planning should begin.
Answer: 4 years prior to CEO leaving
⩥ HR responsibility.
Answer: Managing succession planning process
⩥ Succession planning saves organizations.
Answer: -Money
-Executive search fees eliminated
-Maintains leadership continuity when inside person is promoted
⩥ Grooming an internal person.
Answer: -key element of for-profit succession planning
⩥ Hiring outside of an organization.
Answer: -requires 6-12 months before financial performance regains the
level that existed prior to replacement
,⩥ 5 principles to succession planning.
Answer: -board driven, collaborative process
-governing boards 2 or 3 most important task*
-communicate openly between board and ceo
-agreements made must be communicated to succeeding board
leadership and must be honored
-governing board has final say
⩥ A continuous process.
Answer: -succession planning must be continuous
-successor should always be available
-significant development assignments can be arranged to ensure
appropriate experiences are encountered
⩥ Feedback loops.
Answer: Are critical in succession planning
⩥ Goals and timelines.
Answer: -created and monitored
-important for transition
-a clear exit strategy prepared for outgoing CEO
, -post succession assessment to evaluate process
-HR should review effectiveness to improve process
⩥ Succession planning should begin early.
Answer: -for developmental assessments
-provide insight and allow skills to be acquired
-developmental tasks should be diverse to expose to
departments/operations
-institutional memory preserved
-CEO personally experienced being groomed support process
⩥ Potential pitfalls.
Answer: -connections to social network and psychological ties to
organization that complicate effort to change
-inappropriate or limited experience
⩥ CEO/ Management team damaged.
Answer: -only bringing in an entire new regime can sweep organization
clean
-organization will be taking a fall anyway
-comes out of scandal, mismanagement, failed takeover
⩥ Organizations May inventory potential employees.
COMPREHENSIVE EXAMINATION TEST
FULL QUESTIONS AND CORRECT ANSWERS
GRADED A+
⩥ Career planning.
Answer: -succession plans for middle managers
-focuses on many particular individuals
-prepares several candidates for a position
⩥ Senior organization leaders.
Answer: Expected to retire over 5 to 10 years
⩥ Organizations without succession plans.
Answer: Uneasiness is intensified and negatively affect performance
Leaving development of future leaders to chance
⩥ CEO is responsible for.
Answer: Initiating succession planning
⩥ Organizations with succession plans.
,Answer: More likely to have smoother leadership transition
⩥ Board of directors is responsible for.
Answer: Appointing a successor
⩥ Succession planning should begin.
Answer: 4 years prior to CEO leaving
⩥ HR responsibility.
Answer: Managing succession planning process
⩥ Succession planning saves organizations.
Answer: -Money
-Executive search fees eliminated
-Maintains leadership continuity when inside person is promoted
⩥ Grooming an internal person.
Answer: -key element of for-profit succession planning
⩥ Hiring outside of an organization.
Answer: -requires 6-12 months before financial performance regains the
level that existed prior to replacement
,⩥ 5 principles to succession planning.
Answer: -board driven, collaborative process
-governing boards 2 or 3 most important task*
-communicate openly between board and ceo
-agreements made must be communicated to succeeding board
leadership and must be honored
-governing board has final say
⩥ A continuous process.
Answer: -succession planning must be continuous
-successor should always be available
-significant development assignments can be arranged to ensure
appropriate experiences are encountered
⩥ Feedback loops.
Answer: Are critical in succession planning
⩥ Goals and timelines.
Answer: -created and monitored
-important for transition
-a clear exit strategy prepared for outgoing CEO
, -post succession assessment to evaluate process
-HR should review effectiveness to improve process
⩥ Succession planning should begin early.
Answer: -for developmental assessments
-provide insight and allow skills to be acquired
-developmental tasks should be diverse to expose to
departments/operations
-institutional memory preserved
-CEO personally experienced being groomed support process
⩥ Potential pitfalls.
Answer: -connections to social network and psychological ties to
organization that complicate effort to change
-inappropriate or limited experience
⩥ CEO/ Management team damaged.
Answer: -only bringing in an entire new regime can sweep organization
clean
-organization will be taking a fall anyway
-comes out of scandal, mismanagement, failed takeover
⩥ Organizations May inventory potential employees.
