CAIB 4 Exam Questions with CORRECT ANSWERs

CAIB 4 Exam Questions with CORRECT ANSWERs
Question : What are the similarities between a strategic plan
and an action plan?
CORRECT 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)
Question : What are in the success of a brokerage
They both flow from the mission statement
They both use the same process (top down/bottom up)
Question : What are the differences between a strategic plan
and an action plan?
CORRECT ANSWER: strategic plans are for three to five
years;
action plans are for one year

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