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.
Investment center – definition, tasks, responsibility
An investment center is an institution where investors can buy and sell stocks, bonds and other financial instruments.…