The Uniform Franchise Offering Circular (UFOC) satisfies only the Federal Trade Commission (FTC) and a separate disclosure document should be prepared by the franchisor in accordance with state regulations

Maintenance is performed most often to improve the existing software, rather than to respond to crisis or system failure

Indicate whether the statement is true or false

The three different types of strategies that managers implement are ________

A) corporate, private, functional B) corporate, competitive, functional C) long-term, short-term, public D) competitive, noncompetitive, corporate