Michael was complaining to another member of the house painting crew, "I don't know how they expect me to do an adequate job. The ladder is too short, the paintbrushes are old, and the paint we use is watered down and doesn’t stick." Michael’s company lacks the ________ workers need to be able to do a good job.

A) maintenance schedule
B) instrumental support
C) equipment inventory
D) service infrastructure
E) customer expectation mechanisms.

Ans: B) instrumental support

Business

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A franchisor discloses a cautionary statement that reads, "Caution: Some outlets have sold this amount. There is no assurance you'll do as well. If you rely upon our figures, you must accept the risk of not doing so well" This is an instance of ________.

A) disclosure of earning projections based on actual data B) disclosure of sales projections based on hypothetical data C) nondisclosure of sales or earnings projections D) fraudulent disclosure by the franchisor

Business

The sole proprietorship is for all practical purposes the absence of any formal legal business

structure. Indicate whether the statement is true or false

Business