When Sub-Units Operate as Independent Profit Centers, an Internal Market

question 7

True/False

When sub-units operate as independent profit centers, an internal market network exists.

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Definitions:

Average Balance

The mean amount of money held in an account over a certain period.

Standard Deviation

An index of variability that quantifies the spread of a set of numbers or the dispersion from the average.

Exponential Distribution

The exponential distribution is a continuous probability distribution that describes the time between events in a Poisson process, where events occur continuously and independently at a constant average rate.

Exponentially Distributed

It refers to a type of continuous probability distribution that describes the time between events in a Poisson point process, where events occur continuously and independently at a constant average rate.