Examlex
Meeting times are relaxed and often start 10 to 15 minutes late in China.
Responsibility Center
An organizational unit for which a manager is assigned responsibility over costs, revenues, or assets.
Cost Center
A division or department within an organization that does not directly generate profits but incurs costs, often evaluated for efficiency.
Decentralization
The distribution of functions, powers, people, or things away from a central location or authority, often to increase efficiency or responsiveness.
Quality Managers
Professionals responsible for monitoring and evaluating the various stages of the production process to ensure that the final product meets predetermined quality standards.
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