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CAIB 4 Exam Questions with Correct Answers
CAIB 4 Exam Questions 
with Correct Answers 
 
What are the two approaches to planning? Explain each - Answer-1) Top Down 
Planning - Management provides the mission, strategies, and objectives for the 
brokerage 
2) Bottom Up Planning - Management provides the mission and broad strategies. 
Leaves the objectives, goals and activities to business units. 
What are the advantages and disadvantages of top down planning? - AnswerAdvantages: Management feels in control and in charge of decision makin...
- Package deal
- Exam (elaborations)
- • 11 pages •
CAIB 4 Exam Questions 
with Correct Answers 
 
What are the two approaches to planning? Explain each - Answer-1) Top Down 
Planning - Management provides the mission, strategies, and objectives for the 
brokerage 
2) Bottom Up Planning - Management provides the mission and broad strategies. 
Leaves the objectives, goals and activities to business units. 
What are the advantages and disadvantages of top down planning? - AnswerAdvantages: Management feels in control and in charge of decision makin...
CAIB 4 Exam Questions and Correct Answers
CAIB 4 Exam Questions 
and Correct Answers 
 
4 Forms of operating affiliations - Answer-loosely knit, general purpose groups, clusters, 
common identity groups 
What are the considerations when evaluating 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, tra...
- Package deal
- Exam (elaborations)
- • 12 pages •
CAIB 4 Exam Questions 
and Correct Answers 
 
4 Forms of operating affiliations - Answer-loosely knit, general purpose groups, clusters, 
common identity groups 
What are the considerations when evaluating 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, tra...
NR547 Final Exam ACTUAL EXAM TEST BANK 200+ QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS)|AGRADE