In profit centers
a. Managers are easy to evaluate because there is a simple metric of how well they performed
b. Managers typically do not have the information to run their division efficiently
c. Managers' decisions rarely affect other divisions
d. Managers typically do not have the incentives to run their division efficiently
a
Economics
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Based on the table above which shows Chip's costs, if Chip shuts down in the short run, his total cost will be
A) $0. B) $1,000. C) $1,200. D) $4,000.
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The economic functions of government include
A) determining prices. B) setting wages in the public sector. C) protecting property rights. D) welfare.
Economics