Which of the Following Statements Is Correct About the Connection

question 30

Multiple Choice

Which of the following statements is correct about the connection between cost centers and revenue?

• A)Cost centers directly generate revenue from customers.
• B)Cost centers do not directly generate revenue from customers,and they have no impact on the customer experience.
• C)Cost centers do not directly generate revenue from customers,but they may have an impact on revenue through customer satisfaction and overall quality.
• D)Cost centers are the primary driver of revenue from customers.

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Definitions:

Active Approach

A strategy in investment or management that involves ongoing, dynamic decision-making and actions in order to achieve specific objectives.

Economic Stability

Economic stability refers to a state where an economy experiences steady growth, low inflation, and minimal unemployment.

Inverse Relationship

A scenario in which two variables exhibit inverse behavior, such that an increase in one results in a decrease in the other.

Aggregate Demand

The all-inclusive need for goods and services across an economy, priced at an established level, during a certain time interval.