100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CAIB 4 Chapter 4 Questions and Answers with Complete Solutions. $12.49   Add to cart

Exam (elaborations)

CAIB 4 Chapter 4 Questions and Answers with Complete Solutions.

 5 views  0 purchase
  • Course
  • CAIB
  • Institution
  • CAIB

CAIB 4 Chapter 4 Questions and Answers with Complete Solutions.

Preview 2 out of 6  pages

  • August 20, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CAIB
  • CAIB
avatar-seller
Prose1
CAIB 4 Chapter 4 Questions and Answers
with Complete Solutions


Human resources management is the process of identifying and selecting the employees
j j j j j j j j j j j


best qualifies to achieve the strategic plan. Identify the seven activities associated with
j j j j j j j j j j j j j


Human resources management. - ANS-1. Planning
j j j j j j


2. Selecting
j


3. Orienting
j


4. Training
j


5. Developing & Rewarding
j j j


6. Managing employee performance
j j j


7. Termination
j




In human resources planning, the brokerage must evaluate its existing ability to generate
j j j j j j j j j j j j


sales and premium growth, and determine whether the exiting human resources are
j j j j j j j j j j j j


capable of producing the levels anticipated in the strategic plan. Identify two reasons why
j j j j j j j j j j j j j j


this is true. - ANS-1. If they are not, a plan must be established to obtain the necessary
j j j j j j j j j j j j j j j j j j


human resources
j j


2. To revise the organizational structure to accommodate the anticipated growth.
j j j j j j j j j j




It is important to estimate human resources needs as early in the planning process as
j j j j j j j j j j j j j j


possible, to permit time for a professional approach to selecting new employees and to
j j j j j j j j j j j j j j


avoid the pitfalls of a crash hiring process. Identify four items that the human resources plan
j j j j j j j j j j j j j j j j


should contain. - ANS-1. An evaluation of the skills the new employees need to have
j j j j j j j j j j j j j j j


2. The hiring timetable
j j j


3. A contingency plan in the event candidates with the required skills cannot be found in a
j j j j j j j j j j j j j j j j


timely manner.
j j j


4. Job descriptions
j j




Mid-course corrections should be considered because... - ANS-Should the reality of the j j j j j j j j j j j


business conditions diverge from the plan.
j j j j j j




Selecting employees is one of the most difficult and time-consuming tasks of the
j j j j j j j j j j j j


management process. Identify three areas in the selection process. - ANS-1. Recruitment
j j j j j j j j j j j j


2. Screening and interviewing
j j j


3. Hiring
j




Recruitment is the process of building awareness that there is a position available, j j j j j j j j j j j j


searching for the applications and attracting qualifies people to apply for the position.
j j j j j j j j j j j j j

, Briefly explain five advantages of recruiting from within the organization before actively
j j j j j j j j j j j j


searching the open market. - ANS-1. It is less expensive, as there are no external recruiting
j j j j j j j j j j j j j j j j


costs, and training and orientation costs are minimized.
j j j j j j j j


2. The length of vacancy should be shorter, thereby minimizing the period during which
j j j j j j j j j j j j j


client service could erode.
j j j j


3. It takes the guesswork out of hiring, as the existing employee is a known quantity.
j j j j j j j j j j j j j j j j


4. It improves morale by demonstrating the brokerage's commitment to the improvement
j j j j j j j j j j j


and development of its employees.
j j j j j j


5. It also reduces turnover, as employees will see the possibility of advancement within the
j j j j j j j j j j j j j j


brokerage, rather than having to look outside.
j j j j j j j




Screening and interviewing involve deciding which candidates are best qualified and who
j j j j j j j j j j j


should be offered the position. The hiring process must be fair to all applicants and in
j j j j j j j j j j j j j j j j


accordance with Federal and Provincial legislation. Identify 10 areas that would constitute
j j j j j j j j j j j j


discrimination under the Canadian Human Rights Act. - ANS-1. National or ethic origin
j j j j j j j j j j j j j


2. Age
j


3. Religion
j


4. Sex
j


5. Sex orientation
j j


6. Marital status
j j


7. Disability
j j


8. Family status
j j


9. Colour
j


10. Conviction for which a pardon has been granted
j j j j j j j j




Identify five screening procedures that are used by many brokerages and must comply with
j j j j j j j j j j j j j


Privacy Legislation. - ANS-1. Application Form
j j j j j j


2. Resume
j


3. Employment Interview
j j


4. Testing
j


5. Reference checks
j j




Application forms should contain only information that is directly related to the position.
j j j j j j j j j j j j


True or False - ANS-True
j j j j j




Identify two things that a brokerage should learn from an applicant's resume. - ANS-1.
j j j j j j j j j j j j j


Describe the employment history
j j j j


2. Give an indication of how the candidate performed while in the former position
j j j j j j j j j j j j j




Traditionally, the employment interview has been viewed as the most important part of the j j j j j j j j j j j j j


selection process. As the field is narrowed, further interviews may be undertaken. Identify
j j j j j j j j j j j j j


four persons who might be involved in additional interviews with the applicant. - ANS-1.
j j j j j j j j j j j j j j


Prospective employee's supervisor
j j j


2. Manager
j


3. Co-workers
j


4. Subordinates
j

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Prose1. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

62890 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart