The manager of which of the following centers has the authority to open new stores or close old ones?
A)cost center
B)profit center
C)investment center
D)revenue center

Question

Quizplus · Accepted Answer

The manager of an investment center has the authority to make decisions regarding the allocation of resources, including opening new stores or closing old ones. Investment centers are responsible for making investments and generating profits for the organization, giving managers greater autonomy and decision-making power. Cost centers focus on minimizing costs, revenue centers generate revenue, and profit centers are responsible for both revenue generation and cost management, but they do not typically have the authority to make significant investment decisions.

The Manager of Which of the Following Centers Has the Authority