A responsibility center is a sub-unit headed by a manager who is responsible for achieving
A responsibility center is a sub-unit headed by a manager who is responsible for achieving one or moregoals. Which of the following is/are uses of responsibility centers?
I. An organizations choice of responsibility centers depends to a great extent on its controlmechanisms.
II. Sales or marketing units may be considered as revenue centers.
III. Organizations that have a divisional structure may opt for profit centers.
IV. Autonomous businesses may be considered as investment centers.
[A]Only (I) above
[B]Only (IV) above
[C]Both (II) and (III) above
[D](II), (III), and (IV) above