All Profit Centers Are Responsibility Centers, but Not All Responsibility

question 92

True/False

All profit centers are responsibility centers, but not all responsibility centers are profit centers.

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Definitions:

Employee Engagement

The extent to which employees feel passionate about their jobs, are committed to the organization, and put discretionary effort into their work.

Company Values

The core principles and beliefs that guide an organization's actions and decision-making processes.

Mergers And Acquisitions

The process through which companies consolidate their assets through the purchase, takeover, or merging of other businesses.

PR Role

The functions and responsibilities of public relations professionals, including managing communications and relationships between organizations and their publics.