The section of a public relations plan that provides an overview is referred to as ________
A) the management briefing
B) the executive summary
C) the situation analysis
D) the message statement
B
Business
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An insurer that is domiciled in Ohio and does business in Alabama is considered to be
A) an independent insurer B) a domestic insurer C) an alien insurer D) a foreign insurer"
Business
ABC Insurance Company entered into a reinsurance agreement with XYZ Reinsurance
Under the contract, XYZ Re has no liability unless ABC's loss ratio exceeds 85 percent for the year. XYZ Re agreed to pay all losses in excess of the 85 percent loss ratio. ABC Insurance Company is using reinsurance to A) stabilize profits. B) reduce the unearned premium reserve. C) provide large risk capacity. D) retire from a line or territory.
Business