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

question 74

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

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Definitions:

Legal Firm

A business entity that provides legal services to clients, typically consisting of lawyers and support staff.

Product O95C

A specific product, potentially a model or version identifier, although the exact nature depends on the context.

Manufacturing Overhead

Represents the indirect factory-related costs incurred when manufacturing a product or providing a service, which cannot be directly tied to a specific product unit.

Designing Products

The process of ideating, creating specifications, and developing prototypes for new products.