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Responsibility Centers
Responsibility centers are parts of an organization treated as separate units for the purpose of assigning and evaluating financial performance.
Evaluating Performance
The process of assessing the effectiveness and efficiency of operations, employees, or processes.
Managers
Individuals responsible for planning, directing, and overseeing the operations and employees within an organization to achieve its objectives.
Return on Investment
A metric that indicates the profit or loss incurred from an investment in comparison to the total funds invested.
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