Profit Center Managers Are Evaluated on Their Ability to Generate

question 108

True/False

Profit center managers are evaluated on their ability to generate revenues in excess of costs.

---

Definitions:

Trade Secrets

Confidential business information that provides a competitive edge, such as formulas, practices, or designs.

Proprietary Information

Information that is owned by an individual or a company, kept confidential, and not disclosed to the public to maintain competitive advantage.

Showrooming

The practice of visiting a store to view a product before buying it online at a lower price.

Informed Decision

A choice made after acquiring and understanding all relevant information, considering the options and consequences.