The Manager of Which of the Following Responsibility Centers Is

question 116

Multiple Choice

The manager of which of the following responsibility centers is expected to invest in assets that generate profit?

• A)Cost center
• B)Revenue center
• C)Profit center
• D)Investment center

Grasp the paramount importance of quality across all business facets.

Know how benchmarking can drive improvement in production and customer service.

Recognize the financial implications of inventory management and its strategies.

Understand the foundational elements and management practices that improve small business productivity.

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Definitions:

Facilitator

An individual who aids a group in learning or achieving its goals by guiding discussions and processes without directing the outcome.

Decision

The process of making choices or conclusions after considering different possibilities and evaluating outcomes.

Group Of People

A collection of individuals who come together for a common purpose or to engage in a shared activity.

Effective Facilitator

Someone who helps a group improve its process and productivity by designing and running effective meetings or discussions.