A Responsibility Center in Which the Department Manager Has Responsibility

question 37

Multiple Choice

A responsibility center in which the department manager has responsibility for and authority over costs and revenues is called a (n)

• A) profit center
• B) investment center
• C) volume center
• D) cost center

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Definitions:

Mainstream

The dominant trends, values, or practices within a society, culture, or professional field.

Competitive Advantages

Unique attributes or conditions that allow an organization or country to produce goods or services more efficiently or at a better quality than competitors.

Diverse Workforce

An inclusive representation of individuals in an organization, encompassing a variety of cultural, racial, gender, age, and other differences.

Perceived Organizational Support

The degree to which employees believe that their organization values their contributions and cares about their well-being.