The Factor That Will Not Reduce Your Insurance Rate Is

question 108

Multiple Choice

The factor that will not reduce your insurance rate is

• A) increasing your deductible.
• B) paying all speeding tickets promptly.
• C) purchasing older, less expensive vehicles.
• D) moving to a less risky town.

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Definitions:

International Business Strategy

International Business Strategy encompasses the plans and actions that companies undertake to compete and operate successfully in global markets.

Market Exposure

The extent to which a company or an investment is exposed to fluctuations in the values of its markets, potentially affecting its profitability.

Ethnocentric Staffing Model

A staffing approach used by multinational companies where key management positions are filled by personnel from the home country.

Subsidiaries

Companies that are owned or controlled by another company, often referred to as the parent company.