When a country takes over a foreign investment or, at times, an entire industry in a country it is known as:

a. nationalization b. confiscation
c. expropriation
d. any of the other choices
e. foreign government are not allowed, under international law, to harm financial interests of foreign investors

a

Business

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A marketing manager wants to build a strong relationship with the customers and to customize message without high costs. He understands that relationship building and message customization would require constant updating the database due to the reliance on CRM. Based on the manager's consideration, ____________ will be the most appropriate promotional form.

A. Personal selling B. Direct marketing and interactive marketing C. Sales promotion D. Advertising E. Public relations

Business

An agent appoints a subagent. According to the law of agency,

A. An agent has inherent authority to appoint subagents. B. The principal's intention to permit an agent to delegate authority may be indicated by the character of the business. C. A subagent may bind the principal even if his or her appointment was not authorized. D. If appointment of the subagent was authorized, the subagent owes a fiduciary duty to the agent but not the principal.

Business