_________ Has/have Helped Firms to Concentrate on Their Core Business

question 25

Multiple Choice

_________ has/have helped firms to concentrate on their core business.

• A)Supply chains
• B)Scheduling
• C)Outsourcing
• D)ERP
• E)Lean production

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Definitions:

Consolidated Cost

The total cost that combines figures from various subsidiaries of a parent company into one aggregated total.

Unrealized Inventory Profits

Profits that result from internal sales within a company or conglomerate but have not been realized through sales to external parties.

Significant Influence

A level of control that an investor has over a business entity, typically through ownership of a significant but not majority share of voting stock.

Consolidated Statement

A financial statement that aggregates the financial positions and results of operations of a parent company and its subsidiaries, presenting them as a single economic entity.