Higgins Corporation Is in the Process of Overhauling the Performance

question 28

Multiple Choice

Higgins Corporation is in the process of overhauling the performance evaluation system for its Los Angeles manufacturing division, which produces and sells parts that are popular in the aerospace industry. Which of the following is least likely to be chosen to evaluate the overall operations of the Los Angeles division?

• A) Cost center.
• B) Responsibility center.
• C) Profit center.
• D) Investment center.
• E) The profit center and investment center are equally unlikely to be chosen.

Identify non-corporate business entities and their characteristics.

Explain the impact of a limited partner's involvement in management on their liability.

Understand and articulate various perspectives on the impact of globalization on cultural diversity.

Evaluate the relationship between international politics and a country's global status, with a specific look at the United States.

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Definitions:

Basic Needs

Fundamental requirements that serve as the foundation for survival, including food, water, shelter, and clothing.

Care Institutions

Organizations or facilities that provide care services, such as healthcare, childcare, or support for the elderly and disabled.

Disengagement Theory

A theory suggesting that aging individuals gradually withdraw from social roles and relationships as a natural part of aging.

Social Activity

Actions or endeavors that involve interacting with others within a society, encompassing both recreational and organized events aimed at fostering community and relationships.