When a Manager Is Responsible for Only Costs It Is

question 140

Short Answer

When a manager is responsible for only costs it is known as a(n) _______________.

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Definitions:

Output Good

A product or service that is the result of a production process.

Profit-maximizing

A strategy or approach by businesses aimed at achieving the highest possible profit from their operations.

Factor 2

In a variety of contexts, this could refer to the second variable or element in an equation, model, or experimental design that influences outcomes.

Price

The amount of money or compensation commanded by something in a market; the cost at which something is bought or sold.