Brad Turret,one of the Managers of a Multi-National Company,is Responsible

question 141

Multiple Choice

Brad Turret,one of the managers of a multi-national company,is responsible for generating revenues and controlling costs in order to increase the operating income of his division.However,he is not concerned about investment-related decisions.Brad is most likely to be the manager of a(n) ________.

• A) cost center
• B) investment center
• C) profit center
• D) revenue center

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Definitions:

Innovation Process

A sequence of activities involving the generation, development, and implementation of new ideas or technologies.

Feasibility Studies

Investigations into the practicality, viability, and potential success of a proposed project or system.

Prototypes

Early samples, models, or releases of a product built to test a concept or process or to act as a thing to be replicated or learned from.

Process Innovations

Involve new or improved ways of manufacturing the product or providing the service.