Examlex
It is difficult to develop a single definition of sports because
Diversified
A risk management strategy that involves spreading investments across various financial instruments, industries, or other categories to reduce risk.
Responsibility Centers
These are parts or segments of a business for which individual managers are responsible, usually in terms of costs, revenues, or investment.
Cost Center
A business unit or department within an organization that does not directly generate revenue but incurs costs, used for budgeting and cost control.
Profit Center
A segment or division within a company that is responsible for generating its own revenues and profits, and is evaluated based on its profitability.
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