A Manager Who Is Responsible for Both the Revenue and the Costs

question 133

Multiple Choice

A manager who is responsible for both the revenue and the costs incurred in generating a product or service is managing a

• A)Cost center.
• B)Product center.
• C)Profit center.
• D)Investment center.

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Definitions:

Unique Attitude

A distinctive perspective or way of thinking that sets an individual apart from others.

Cultural Competency

An appreciation for cultural differences that affect communication and the ability to adjust one’s communication style to ensure that efforts to send and receive messages across cultural boundaries are successful.

Market Share

The portion of a market controlled by a particular company or product.

Executives

High-level managers or officers in an organization responsible for making major decisions and overseeing operations.