A Manager in a Cost Center Also Has Responsibility and Authority

question 11

True/False

A manager in a cost center also has responsibility and authority over the revenues.

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Definitions:

Human Knowledge

The accumulated factual information, understanding, and skills that humans acquire through experience, education, and learning.

Locke And Hobbes

John Locke and Thomas Hobbes were influential English philosophers; Locke is known for his theories on natural rights and government by consent, while Hobbes is famous for his social contract theory and views on the nature of human beings.

Human Beings

Homo sapiens; the species of bipedal primates to which all modern human beings belong, characterized by their capacity for language, thought, and complex social structures.

Social Contract

is a theory in political philosophy that suggests society is formed by a voluntary agreement among individuals to create and live under a government or a set of rules.