What is a disclosure statement?
What will be an ideal response?
The Federal Trade Commission requires that a franchise give prospective franchisees a formal agreement and a Uniform Franchise Offering Circular (UFOC) at least 10 days before the contract is executed or before any money is paid. This prospectus or disclosure statement should provide background on the franchiser and its financial position; the financial requirements for a franchisee; and the restrictions, protections, and estimated earnings of the franchise. A franchiser's formal offering circular can be downloaded from the World Wide Web.
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Amazon is able to achieve operational excellence because it not only has the technology to coordinate personal buyers, it also has an effective HR hiring program that selects and trains the best employees.
Answer the following statement true (T) or false (F)
You've been offered a position over the phone with a firm and were asked to confirm your acceptance in a letter. Your letter should be written
a. inductively, concluding with an enthusiastic response to the job offer. b. deductively, reviewing the match between job description and applicant qualifications. c. inductively, reminding the employer of all benefits and salary agreements. d. deductively, affirming job acceptance and confirming the first day of work.
You will be more successful in your job if you are motivated to work each day. _________________________
Answer the following statement true (T) or false (F)
Which of the following is a decision-making approach used when the decision maker is optimistic about the future events and their outcomes, identifies the maximum payoff associated with each decision, and chooses the maximum of the maximum payoffs?
A. maximax criterion B. Laplace criterion C. maximin criterion D. minimax regret criterion