Which of the Following Managers Is Held Accountable for Only

question 36

Multiple Choice

Which of the following managers is held accountable for only the revenue attributed to a unit?

• A) Cost centre manager
• B) Revenue centre manager
• C) Sales manager
• D) Investment centre manager

Recognize the types of plans used by managers and their applications.

Understand the attributes of effective goals and the importance of goal alignment in organizational performance.

Identify and describe major planning tools and techniques used by managers.

Compare and contrast strategic and tactical plans.

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Definitions:

United States

A federal republic in North America consisting of 50 states, a major global economic and political power.

Laissez-Faire Economics

A market system with minimal government intervention, where private parties are free to conduct business as they see fit.

Keynes

Refers to John Maynard Keynes, a British economist whose theories on the impact of government policies on economic recessions and depressions have significantly influenced modern macroeconomics.

The Classicals

A group of economists in the late 18th and early 19th centuries who believed in free markets, free trade, and limited government intervention in the economy.