Museum Corporation Uses the Investment Centre Concept for the Museums

question 126

Essay

Museum Corporation uses the investment centre concept for the museums that it manages. Select operating data for three of its museums for 2011 are as follows:
Required:
a. Compute the return on investment for each division.
b. Which museum manager is doing best based only on ROI? Why?
c. What other factors should be included when evaluating the managers?

---

Definitions:

Assistance

The provision of help or support, typically given by individuals or organizations to those in need.

Meritocracy

A system in which rewards are distributed based on merit.

Stratification

The division of society into levels, classes, or categories based on factors like wealth, power, prestige, or other resources.

Relative Deprivation

A condition or feeling experienced when a person or group believes they are worse off compared to some standard or to other groups.