The Manager of a Profit Center Has the Responsibility for Making

question 20

Multiple Choice

The manager of a profit center has the responsibility for making decisions that affect the center's _____.

• A) costs, revenues, and investment in fixed assets.
• B) investment in fixed assets, but not costs.
• C) costs and revenues, but not investment in fixed assets.
• D) revenues and investment in fixed assets, but not costs.

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Definitions:

PRIZM Lifestyle Segmentation

A marketing tool used to categorize consumers into different groups based on their socio-economic status, lifestyle, and consumer behavior.

Demographic Segmentation

The division of a market into subsets based on variables such as age, gender, income, education, and family size for marketing purposes.

Geographic Component

Refers to the elements related to the physical location and spatial characteristics crucial for analysis in geography and related disciplines.

Household Size

The number of individuals living together in a single home environment, often used in market segmentation and demographic studies.