A profit center
a. Is very complicated to run and manage
b. Doesn't require a lot of attention from executives at the firm's headquarters
c. Requires the parent company's highest degree of attention
d. Does not properly incentivize the managers when it comes to their own division's performance
b
You might also like to view...
If there is a large increase in the price of oil, which of the following would most likely occur in the short run?
a. The aggregate demand curve shifts upward, the price level rises, and output increases. b. The aggregate supply curve shifts downward, the price level falls, and output increases. c. The aggregate demand curve shifts downward, the price level falls, and output falls. d. The aggregate demand curve shifts upward, output remains unchanged, and the price level rises. e. The aggregate supply curve shifts upward, the price level rises, and output falls.
The standard definition of "recession" is
A) a period of a positive frictional unemployment rate. B) two consecutive quarters of falling Real GDP. C) the lowest point in a business cycle. D) a period of negative inflation.
During the financial crisis it was proposed that firms be provided with a tax credit for investment projects. Such a tax credit would
a. raise both the interest rate and the real exchange rate. b. raise the interest rate and reduce the real exchange rate. c. reduce the interest rate and raise the real exchange rate. d. reduce both the interest rate and the real exchange rate.
Disney World decides to charge local residents a lower price than other park visitors. This would fall under which field of economics?
A. Macroeconomics B. Microeconomics C. Customer service D. Public policy