Asked by grace elaine hernandez on Sep 24, 2024
Verified
Managers of profit centers usually have
A) A lot of discretion over decisions
B) Most of their decisions overseen by corporate executives
C) No discretion over decisions
D) Given excessively high bonuses
Profit Centers
Divisions or branches of a company that are directly responsible for generating its profits, tracked separately to evaluate performance.
Discretion
The ability or authority to make decisions and choices based on one's own judgment.
Corporate Executives
Senior management or high-level officers in a corporation who are responsible for making company-wide decisions.
- Grasp the concept of discretion given to managers of profit centers.
Verified Answer
EG
Ebonie Gadsden1 day ago
Final Answer :
A
Explanation :
Managers of profit centers are responsible for generating profits for their division or department. As a result, they are given a lot of discretion to make decisions in order to achieve their profit targets. This includes decisions related to pricing, marketing, expenses, and investments. They are held accountable for the performance of their profit center and are often rewarded with bonuses based on their ability to generate profits.
Learning Objectives
- Grasp the concept of discretion given to managers of profit centers.