The Research and Development Department of a Large Manufacturing Company

question 104

Multiple Choice

The research and development department of a large manufacturing company would likely be organized as

• A) a cost center.
• B) a profit center.
• C) a revenue center.
• D) an investment center.

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Definitions:

Location Decision

Deciding on the most optimal geographical site for a business's operations, facilities, or stores based on factors like cost, accessibility, and market demand.

Service Firm

A business that primarily offers intangible products, such as expertise or labor, rather than physical goods.

Parking and Access

Refers to the design and management of parking spaces and the ease with which people can access and leave these areas.

Traffic Counts

The process of measuring the number and types of vehicles or pedestrians passing a certain point within a specific time frame.