For an international business, which of the following is most likely to be an outcome of protectionism and nationalism in a host-country?
A. Increase in the attractiveness of location economies
B. Pressure for localization of production
C. Requirement of standardization of products or services
D. Pressure for cost reduction
E. Decrease in the significance of local responsiveness
B
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Which statement is true with regard to the incontestable clause?
I. It protects the beneficiary if the insurer attempts to deny payment of the death claim more than two years after the policy was purchased. II. It allows the insurer to deny a death claim during the first two years of coverage on the basis of concealment or misrepresentation by the applicant. (a) I only (b) II only (c) both I and II (d) neither I nor II
To be successful, a public relations professional should be predisposed to ________
A) disclose rather than withhold information B) avoid responding to false accusations from an irate consumer C) avoid confronting situations before they escalate D) disclose how business works