Examlex
Match the appropriate definition a through h with the following terms:
(a) A department whose manager is judged on the ability to generate revenues in excess of the department's costs.
(b) A department or unit that generates revenues and incurs costs, in which the manager is also responsible for investments made in operating assets.
(c) Set up to control costs and evaluate managers' performances by assigning costs to the managers responsible for controlling them.
(d) Compares actual and budgeted costs and expenses under the control of a manager.
(e) A department whose manager is judged on the ability to control costs by keeping them within a satisfactory range.
(f) A measure of departmental sales less direct expenses.
(1) Investment center
(2) Performance report
________ (3) Cost center
________ (4) Departmental contribution to overhead
________ (5) Profit center
________ (6) Responsibility accounting system
Schein and Bennis
Two influential thinkers in the field of organizational behavior and leadership studies.
Organizational Levels
The different layers within an organization that typically include top-level management, middle management, and lower-level or operational employees.
Coaches
Professionals who support and guide individuals or teams to achieve specific personal or professional goals.
Internal Dimensions
Aspects of an organization or individual that are intrinsic and internal, affecting its operations, behaviors, and structures from within.
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