100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
HCAD 710 EXAM 4 QUESTIONS & ANSWERS 2024/2025 $8.49   Add to cart

Exam (elaborations)

HCAD 710 EXAM 4 QUESTIONS & ANSWERS 2024/2025

 2 views  0 purchase
  • Course
  • HCAD 710
  • Institution
  • HCAD 710

HCAD 710 EXAM 4 QUESTIONS & ANSWERS 2024/2025 succession planning - ANSWERSpreparing single, designated successor career planning - ANSWERSpreparing several candidates for single position All - ANSWERSAll/Some companies should partake in succession planning CEO & management - ANSWERSp...

[Show more]

Preview 2 out of 7  pages

  • October 16, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • HCAD 710
  • HCAD 710
avatar-seller
Bensuda
HCAD 710 EXAM 4 QUESTIONS &
ANSWERS 2024/2025

succession planning - ANSWERSpreparing single, designated successor



career planning - ANSWERSpreparing several candidates for single position



All - ANSWERSAll/Some companies should partake in succession planning



CEO & management - ANSWERSpositions that use succession planning



1) set succession plan development in motion & direct governing body/board until plan operational

2) provides input on CEO selection - ANSWERSroles of CEO for succession planning



1) works with CEO, but has final accountability

2) actually selects new CEO - ANSWERSroles of board of directors for succession planning



internal hires - ANSWERStraditionally done by for-profit sector selection b/c maintains financial stability



external hires - ANSWERShiring someone from outside organization; maintaining financial stability
difficult (6-12 months to regain)



lead time - ANSWERSbegin 4-5 yrs before CEO expected to step down; begin w/in 1 yr of hiring new CEO



saves money, maintains leadership continuity - ANSWERSpros for lead time



loses money; takes 6-12 months for finances to regain - ANSWERScons for not doing lead time

, search firms = 40% annual salary - ANSWERScost of recruiting



1) negligent hiring can lead to defamation

2) unemployment costs - ANSWERScost of employee turnover



1) provides HR with approved personnel req (replacement)

2) provides HR with accurate job description

-- (HR gets candidates)

3) select candidates from those provided by HR

4) interviews

-- HR offers job - ANSWERSmanager role in soliciting candidates, interviewing, & hiring employees



best done through single HR - ANSWERShow best to check references



done by facts & from file; specific # - ANSWERShow best to share information with other employers



strictly from file; specific # instances; centrally addressed (same person/dept) - ANSWERShow best to
record request



interview best prospects; 2-5 applicants; person primarily/directly supervise serve as primary
interviewer & make hiring choice - ANSWERShow best to conduct interview



print & media advertising

networking

job fairs

recruiting trips

search firms - ANSWERSrecruiting in high employment



(sellers market)

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 Bensuda. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $8.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80562 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
$8.49
  • (0)
  Add to cart