dentify and understand responsibility centers (Learning Objective 1) Fill in the
ID: 2588173 • Letter: D
Question
dentify and understand responsibility centers (Learning Objective 1) Fill in the blanks with the word or phrase that best completes each sentence. Not all rords and phrases are used and some may be used more than once. cost center investment center ower revenue center responsibility centere same higher profit center a. Honda North America, a division of the Honda Motor Company, is a(n) b. The production line at the Ford Rouge plant in Dearborn, Michigan, where Ford F-150 c. The Champaign, Illinois, location of the Outback chain restaurant would be d. Managers of cost and revenue centers are at_-levels of the organization than are e. The sales manager in charge of Patagonia's Northwest sales territory oversees f. The payroll department of Kohl's Corporation, a retailer, is a(n) is 9. The Prepared Foods department of Whole Foods Market, Inc, would be considered trucks are manufactured, is considered to be a(n)--. managers of investment centers. an) segment of the business whose manager is accountable for specific activities. to be a(n) . a(n) The Floral Department at the Crowley, Texas, Kroger grocery store would be consid- any h thoI.M. Smucker Compryheadrens boceln i. ered to be a(n) nonsihility centers (Learning Objective 1) renter, a profit center, or anExplanation / Answer
A) Investment center
B) Cost center
C) Profit center
D) Lower
E) Revenue center
F) Cost center
G) Profit center
H) Investment center
I) Profit center
Now, a cost center is the one where the products may be manufactured or where the product or service is prepared, the cost part of an offering.
Investment center is the whole company which invest to build the base towards earnings.
Revenue center is the sales department of the company focused towards earning sales.
Profit center is the specific department in the company allocated it's profit and managed by the manager.
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