These are profit responsibility centers. In profit centers, the manager is responsible for revenues and costs. Profit centers should have adequate autonomy to select customers and set prices for products or services sold. The same autonomy should apply to the formation of cost levels. An example of a manager – in capital groups, the director of a manufacturing plant.
Issuer – what exactly does it mean? Definition of the term
In the world of finance there are concepts that may seem foreign to you. However, it is worth…