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CAIB 4 Samenvattingen, Aantekeningen en Examens
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CAIB 4 Midterm Exam – Questions & Solutions
- Tentamen (uitwerkingen) • 3 pagina's • 2023
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CAIB 4 Midterm Exam – Questions & Solutions
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CAIB 4 Chapter 4 Questions with Verified Solutions
- Tentamen (uitwerkingen) • 8 pagina's • 2024
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Successful leadership results in knowledgeable, dedicated and motivated employees working 
effectively together to achieve the brokerage's mission, strategies, objectives and goals. Identify 
the six components of leading. 1. Delegating 
2. Motivating 
3. Communicating 
4. Managing conflict 
5. Managing change 
6. Coaching 
Delegating is the art of accomplishing objectives and achieving goals through the involvement of 
others and by giving them the authority and the responsibility to accomplis...
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CAIB 4 Chapter 2- Study Guide Questions with Complete Solutions
- Tentamen (uitwerkingen) • 14 pagina's • 2024
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Organizing involves determining the way the brokerage's activities will be divided into 
manageable units. Identify 3 elements to organizing effectively. 1. Creating an 
Organizational Structure 
2. Defining employee relationships 
3.Establishing Position Descriptions 
Identify 3 basic forms of organizational structure based on the way authority and responsibility is 
delegated. 1. Line Organization- best suited for smaller brokerages in which senior 
management personally directs the activitie...
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CAIB 4 Chapter 2 Questions and Answers Rated A+
- Tentamen (uitwerkingen) • 17 pagina's • 2024
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Organizing involves determining the way the brokerage's activities will be divided into 
measurable units. Identify the three elements to organizing effectively. 1. Creating an 
Organizational Structure 
2. Defining Employee Relationships 
3. Establishing Position Descriptions 
The organizational structure is the skeleton upon which the brokerage grows and interacts. The 
structure also defines who has authority and responsibility for activities. Identify three basic 
forms of organizational st...
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CAIB 4 Chapter 2- Study Guide Questions with 100% Correct Answers
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CAIB 4 Chapter 2- Study Guide Questions 
with 100% Correct Answers 
Organizing involves determining the way the brokerage's activities will be divided into 
manageable units. Identify 3 elements to organizing effectively. - Answer- 1. Creating an 
Organizational Structure 
2. Defining employee relationships 
3.Establishing Position Descriptions 
Identify 3 basic forms of organizational structure based on the way authority and 
responsibility is delegated. - Answer- 1. Line Organization- best su...
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CAIB 4 Chapter 4 Exam Questions and Answers 100% Correct
- Tentamen (uitwerkingen) • 7 pagina's • 2024
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CAIB 4 Chapter 4 Exam Questions and 
Answers 100% Correct 
Successful leadership results in knowledgeable, dedicated and motivated employees 
working effectively together to achieve the brokerage's mission, strategies, objectives 
and goals. Identify the six components of leading. - Answer- 1. Delegating 
2. Motivating 
3. Communicating 
4. Managing conflict 
5. Managing change 
6. Coaching 
Delegating is the art of accomplishing objectives and achieving goals through the 
involvement of others...
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CAIB 4 – Marketing Exam Questions and Answers 100% Correct
- Tentamen (uitwerkingen) • 8 pagina's • 2024
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CAIB 4 – Marketing Exam Questions and 
Answers 100% Correct 
Define positioning advantage - Answer- Refers to how the brokerage is perceived by 
clients in relation to competing brokerages. 
"image of the brokerage" 
Positioning is in relation to other brokerages operating in the same environment 
Image is the clients perception of the brokerage 
Three ways a brokerage can be positioned in relation to its competition - Answer- 1. 
Low or high priced 
2. Low or high service quality 
3. Faster...
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CAIB 4 Chapter 10 Exam Questions and Answers 100% Pass
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CAIB 4 Chapter 10 Exam Questions and 
Answers 100% Pass 
State the purpose achieved by monitoring - Answer- Monitoring determines what is 
being accomplished, evaluating results, taking steps to perpetuate positive results and 
steps to correct negative results. 
Identify four activities involved in monitoring - Answer- A Management Information 
Systems 
Standard & Benchmarks 
Results 
Corrective actions 
Identify Four Characteristics of management information systems - Answer- Simplicity 
Acces...
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CAIB 4 - Book Practice Questions with 100% Correct Answers
- Tentamen (uitwerkingen) • 14 pagina's • 2024
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CAIB 4 - Book Practice Questions with 
100% Correct Answers 
What are the similarities between a strategic plan and an action plan? - Answer- They 
are both critical steps in the success of a brokerage 
They both flow from the mission statement 
They both use the same process (top down/bottom up) 
What are the differences between a strategic plan and an action plan? - Answer- 
strategic plans are for three to five years; 
action plans are for one year 
strategic plans apply to the brokerage as a...
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CAIB 4 Chapter 6 Exam Questions and Answers 100% Pass
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CAIB 4 Chapter 6 Exam Questions and 
Answers 100% Pass 
Identifying the three meanings given to marketing in the insurance world. - Answer- 1. 
Placing of business by an insurance brokerage with various insurers. 
2. Insurance companies promoting their products to brokerages 
3. Insurance companies promoting their products to consumers. 
Marketing may be defined as a system of business activities which are designed to 
plan, promote, price and distribute want-satisfying products, services and id...
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CAIB 4 Exam Questions and Answers 100% Pass
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CAIB 4 Exam Questions and Answers 100% Pass 
4 Forms of operating affiliations - Answer- loosely knit, general purpose groups, 
clusters, common identity groups 
What are the considerations when evalutating operating affiliations - Answer- services 
and support, exclusivity, fees, contractual agreement, financial strength 
What is the law of agency - Answer- when one entity acts on behalf of another 
6 activities with human resources management function - Answer- planning, selecting, 
orienting,...
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