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Profit Center
A subunit of the firm with the decision rights over prices and manufacturing processes to maximize profit. Profit centers are evaluated on meeting target profits and are composed of several cost centers.
Responsibility Centers
Units or departments within an organization whose managers are accountable for specific financial operations and performance.
Decision Rights
The duties that a particular individual in an organization is expected to perform.
Performance Evaluation
This involves assessing an employee's job performance using various criteria to determine the effectiveness and efficiency of their work.
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