Reference no: EM132297397

1. Foreign direct investment in agricultural products accounts for the biggest chunk of world Foreign Direct investment .

True or false?

2. According to Engel’s law, the income elasticity of items like recreation is greater than one

True or False

3. In the closing section of a routine request, ________ would be out of place.

1) providing your contact information

2) expressing your goodwill and appreciation

3) asking a series of questions

4) requesting some specific action

4. When writing to ask for a settlement, which type of routine message should you write?

1) A claim

2) Request for adjustment

3) A good will message

4) A recommendation

5) A reference

5. Which of the following would be an appropriate way to start a claim or request for an adjustment?

1) With a clear and calm statement of the problem

2) With information needed to verify the complaint

3) With an expression of your desire to find a solution

4) With a request for a specific action

5) With a complete and specific explanation of the details

6. When closing a direct request, you should be sure to include which of the following?

1) A mention of your own qualifications or status

2) How the recipient can reach you if they have questions

3) An indication of the consequences of a failure to reply

4) The time limits involved in your request

5) An apology for taking up the reader's time

6. True or false: When determining its marketing mix for a new product, a company decides to price the item in the discount category, with low-cost packaging. The company would most likely choose a minimal promotions strategy with few, if any, broad communications.