Which of the following is the first step of the three-component approach to managing policy risk?
a) have a structure analogous to that of the intelligence community that can provide information and assessments.
b) understand the preferences of the actors in the market and nonmarket environments
c) provide a framework for identifying preferences and collecting information
d) influence the risk through collective action and coalitions
B
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To _______ a lead or inquiry, the supplier (or contracted third parties) contacts the potential customer via direct mail, fax, e-mail, or telephone and asks a series of preliminary questions to confirm that the firm has significant sales and profit
opportunity a. qualify b. yield c. mine d. prospect
Which of the following statements is true when there is a defect in design of a product?
A) There was a failure to provide adequate instruction on use of the product. B) There was a failure to warn customers about the possible dangers of using the product. C) A single item is defectively designed, and it has the potential to cause injury. D) All the products are defectively designed and have the potential to cause injury.