Match the Term with Its Definition

question 19

Multiple Choice

Match the term with its definition.
-The cost of replacing personal property and rebuilding real property at today's prices

• A)actual cash value (ACV)
• B)commercial general liability (CGL) insurance
• C)direct loss
• D)disability buyout insurance
• E)disability insurance
• F)indirect loss
• G)loss avoidance
• H)loss prevention
• I)loss reduction
• J)replacement value of property

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Definitions:

Multidomestic Strategy

A multidomestic strategy involves a corporation tailoring its products or services to each country or market in which it operates, catering to local preferences and competition.

Global Strategy

Introducing culturally sensitive products in chosen countries with the least amount of cost.

Foreign Nationals

Individuals who are citizens of a country other than the one in which they are currently living or working.

Workforce Diversity

The inclusion of individuals from a wide range of backgrounds, cultures, ages, genders, and other characteristics within an organization’s workforce.