A Revenue Center Manager

question 16

Multiple Choice

A revenue center manager:

• A) does not have the ability to produce revenue.
• B) may be involved with the sale of new marketing programs to clients.
• C) would normally be held accountable for producing an adequate return on invested capital.
• D) often oversees divisional operations.
• E) may be the manager who oversees the operations of a retail store.

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Definitions:

Economic Responsibility

The obligation of an individual, organization, or government to optimize the economic impact of its decisions on stakeholders and society at large.

Creditors

Individuals or entities to whom money is owed by a debtor or borrower.

Social Responsibility Pyramid

A framework used to depict how a business should prioritize its responsibilities, from basic economic functions to ethical duties.

Philanthropic Responsibility

The duty of businesses and organizations to contribute to the welfare of society through charitable donations, community service, and ethical practices.