An Organization That Builds Facilities in a Number of Different

question 15

Multiple Choice

An organization that builds facilities in a number of different countries in an effort to minimize production and distribution costs is a(n) :

• A) international organization.
• B) multinational company.
• C) foreign subsidiary.
• D) global organization.
• E) outsourcing partner.

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Definitions:

Insured

A person or entity covered by an insurance policy, receiving protection against specified risks in exchange for premium payments.

Proof of Loss

A formal statement made by a policyholder to an insurance company detailing a claimed loss's circumstances and amount.

Fire Insurance Policy

A contract between an individual or entity and an insurance company, offering protection against losses or damage from fire in exchange for premium payments.

Insured

An individual or entity covered by an insurance policy, receiving protection against specified risks.