A ________ is subordinate to a strategy; they are structured, directed, and driven by strategic considerations.
Fill in the blank(s) with the appropriate word(s).
tactic
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Total quality management focuses on reducing waste
Indicate whether the statement is true or false
According to the text, this activity represents an extension of the make-or-buy decisions of earlier eras.
A. JIT B. Offshoring C. Quality circles D. Outsourcing E. Supply chain management
The Franchise Rule requires franchisors to produce a detailed disclosure document before any money is paid by franchisees
a. True b. False Indicate whether the statement is true or false
On December 31, 20X8, Pancake Company acquired controlling ownership of Syrup Company. A consolidated balance sheet was prepared immediately. Partial balance sheet data for the two companies and the consolidated entity at that date follow: PancakeSyrupConsolidated CompanyCompanyEntityCash $80,000 $30,000 $110,000 Accounts Receivable 50,000 ? 78,000 Inventory 60,000 50,000 115,000 Buildings and Equipment 200,000 140,000 365,000 Less: Accumulated Depreciation (50,000) (28,000) (78,000) Investment in Syrup Stock ? Goodwill 15,000 Total Assets $464,000 $230,000 $605,000 Accounts
Payable $60,000 $32,000 $82,000 Wages Payable ? ? 78,000 Notes Payable 100,000 60,000 160,000 Common Stock 100,000 50,000 ? Retained Earnings 154,000 60,000 ? Noncontrolling Interest 31,000 Total Liabilities and Equities ? $230,000 $605,000 During 20X8, Pancake Company provided consulting services to Syrup Company and has not yet paid for them. There were no other receivables or payables between the companies at December 31, 20X8.Based on the information given, what amount will be reported as total controlling interest in the consolidated balance sheet? A. $364,000 B. $254,000 C. $285,000 D. $395,000