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Stephen Ambrose, a popular historian with many books to his credit, admitted that some segments of one of his recent books had language taken from the books of other historians that was not in quotes. Mr. Ambrose did footnote the work of authors he relied upon in doing his book.
Selling Division
A segment or branch of a company responsible for marketing and selling its products or services.
Full Cost
The total cost of production that includes both direct costs, like raw materials and labor, and indirect costs, like overhead.
Margin And Turnover
Financial metrics where margin refers to the difference between sales and the cost of goods sold, and turnover involves the rate at which inventory is sold or replaced.
Profit Center
A business segment whose manager has control over cost and revenue but has no control over investments in operating assets.
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