CAIB 4 Bundled Exams Questions and Answers 100% Verified and Updated | Graded A

CAIB 4 Chapter 7 Exam Questions and Answers 100% Pass Identify and briefly explain the four different types of relationships that can exist at different levels. - Answer- Hands-on/High Involvement - These relationships are among the closest of relationships that clients can have with service pro...

CAIB 4- chapter 7 Exam Questions and Answers 100% Pass Briefly identigy four levels of client relationships and briefly describe each- - Answer- Hands-on These relationships involve very close and personal interactions that may involve physical touching Face to face client interact with compa...

CAIB 4 Chapter 8 Exam Questions and Answers 100% Pass Technology development has had a major impact on the insurance industry. It has completely transformed the way information is recorded and transmitted between the parties involved in insurance transactions. Identify five functions that the ef...

CAIB 4 - Chapter 2 Exam Questions and Answers 100% Pass 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 w...

CAIB 4, chapter 9 Exam Questions and Answers 100% Pass Define "profit maximization" - Answer- Brokerages strive to build profits, therefore the more profit the better What are leading the causes that distract from profit maximization - Answer- Brokerages are often distracted from implementing...

CAIB 4 Chapter 2 Exam Questions and Answers 100% Pass Organizing involves determining the way the brokerage's activities will be divided into measurable units. Identify the three elements to organizing effectively. - Answer- 1. Creating an Organizational Structure 2. Defining Employee Relation...

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 agreem...

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 ...

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) W...