A Responsibility Centre Whose Success Is Measured Not Only by Its

question 77

Short Answer

A responsibility centre whose success is measured not only by its income, but also by relating that income to its invested capital, as in a ratio of income to the value of the capital employed.

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Definitions:

Dictionary of Occupational Titles

A publication that defines a wide array of jobs along with their working conditions, requirements, and respective tasks.

Service Learning

An educational approach that combines learning objectives with community service, allowing students to apply academic skills to real-world problems.

Political Organization

Structures and systems that govern the conduct and policies of a particular territory, including the distribution of power and resources within a society.

Moral Order

The set of norms, values, and beliefs that guide ethical behavior and decision-making within a society.