From a Strategic Standpoint, Profit Centers Tend To

question 38

Multiple Choice

From a strategic standpoint, profit centers tend to:

• A) Free the center manager from concerns about markets.
• B) Place more cost emphasis on rush orders.
• C) Provide incentive for coordination among managers of different functional units.
• D) Focus managers on cost control rather than revenue generation.
• E) All of these answer choices are correct.

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Definitions:

Federal Deposit Insurance Corporation

A U.S. government agency that provides deposit insurance to depositors in American commercial banks and savings institutions, up to a defined limit.

Consumer Product Safety Commission

A U.S. federal agency responsible for regulating the sale and manufacture of consumer products to ensure they do not pose any unreasonable risk of injury or death to consumers.

Legal Positivism

A theory of law that holds that laws are rules made by human beings and that there is no inherent or necessary connection between law and morality.

Natural Law

A philosophical belief that certain rights or values are inherent by virtue of human nature and can be universally understood through human reason.