The three-step writing process is most effective in what type of business writing?
A) Emails
B) Short memos
C) Long reports
D) External communications
E) All written communications
Answer: E
Explanation: E) Any written work should follow the three-step writing process, regardless of length of message, who the message is going to, or how the message will be transmitted. The three steps in this process should be applied to a wide variety of business messages. The more you use the process, the easier and faster writing will become for you.
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Code of ethics:
a. should not include guidelines for day-to-day activities. b. should exclusively include laws and regulations set by government agencies. c. should not be too detailed. d. should not be designed to guide decision making.
Which statement about the principle of indemnity is correct?
I. The principle of indemnity reduces moral hazard. II. Replacement cost insurance supports the principle of indemnity (a) I only (b) II only (c) both I and II (d) neither I nor II