Examlex
When a manufacturer rewards retailers based on the number of pieces moved through their scanners, this sales promotion method is known as a
Profit Centers
Sections or branches of a business that are responsible for generating revenue and are evaluated based on their profitability.
Cost Centers
Parts of an organization that do not directly produce revenue but incur costs, for which managers are responsible for controlling expenses.
Centralized Business Organization
A management structure where decision-making authority is concentrated at the top levels of the organization, with few people responsible for making decisions and setting policies.
Major Planning
Major planning involves the development of comprehensive strategies and objectives to guide an organization or project towards achieving its long-term goals.
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