Within a Business Organization, a Profit Center That Is Self-Supporting

question 97

Multiple Choice

Within a business organization, a profit center that is self-supporting in terms of sales, markets, production, and other resources is known as a:

• A) non-profit sector.
• B) strategic business unit.
• C) marketing program.
• D) small business.
• E) diversified corporation.

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Definitions:

Executive Director

The top manager in an organization or agency, responsible for overseeing the entity's daily operations and strategic direction.

Foreclosing

The process of taking possession of a mortgaged property as a result of the borrower's failure to keep up mortgage payments.

Liberal Arts Colleges

Higher education institutions emphasizing broad undergraduate education in the arts, sciences, and humanities.

ASCA Standards

Set of professional guidelines developed by the American School Counselor Association that outlines the ethical and performance standards for school counselors.