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.
Minority capital – what is it? Definition of the concept
Minority capital is a tax that shareholders who own less than half of a company’s shares must pay.…