Asked by Amber Hodge on May 07, 2024
Verified
Investment center managers are evaluated on their use of investment center assets to generate income.
Investment Center Managers
Managers responsible for a business unit that directly impacts both revenue and costs, and therefore, the unit's profitability.
Investment Center Assets
Resources and assets managed within a business segment or division that is responsible for its own revenues, expenses, and investments, allowing for performance measurement.
- Comprehend the evaluation parameters for different categories of centers, encompassing cost, profit, and investment.
Verified Answer
NT
Nikky TheLightAngelMay 11, 2024
Final Answer :
True
Explanation :
Investment center managers are responsible for the management of investment center assets and are evaluated based on their ability to generate income from those assets. This income generation is typically measured using performance metrics such as return on investment (ROI) or residual income.
Learning Objectives
- Comprehend the evaluation parameters for different categories of centers, encompassing cost, profit, and investment.
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