Within a Business Organisation, a Profit Centre That Is Self-Supporting

question 85

Multiple Choice

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

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

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Definitions:

Chi-square Test

A statistical test used to determine the association between categorical variables, measuring how expectations compare to actual observed data.

Proportion

In statistics, it measures the part or fraction of the total that exhibits a specific trait or characteristic.

Approval Rating

A measurement often used in politics to indicate the percentage of respondents to a poll who approve of a leader or governing body.

Public Opinion Polls

Surveys or inquiries designed to gauge public sentiment or opinion on various issues, topics, or candidates at a specific point in time.