A clause apportioning the liability and responsibilities of the parties in the event of an unforeseeable occurrence, such as a typhoon, tornado, or other disaster is a(n):
a. act of state clause.
b. OPIC clause.
c. letter of credit.
d. force majeure clause.
d
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Which of the following examples highlight the contrast effect when a leader provides a performance evaluation for a subordinate?
A. Comparing the employee with other people recently encountered who rank higher or lower on similar characteristics. B. Comparing the employee’s most recent performance with overall expectations of performance. C. Comparing the employee’s performance with leader expectations for what the job role requires. D. Comparing the employee’s performance with his or her performance from the last evaluation period
Saying that overreaching in business is like "getting in front of our headlights" is:
a. an example b. a comparison c. both of the above d. none of the above
In the context of direct foreign investment, direct investors have the lowest potential reward and the lowest potential risk
Indicate whether the statement is true or false a. True b. False
According to the five forces model, which of the following is viewed as a major risk to a business pursuing a cost-leadership strategy?
A. innovation that allows competitors to emerge with more economical replacements B. new entrants with small production scale C. suppliers requesting a 2% price increase across the industry D. competition switching from non-price attributes to pricing