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Which of the following managers is likely to have the most diverse responsibilities?

A) the manager of a cost center
B) the manager of a profit center
C) the manager of an investment center
D) the manager of a revenue center

User BlastWave
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Final answer:

The manager of an investment center is likely to have the most diverse responsibilities compared to other types of managers.

Step-by-step explanation:

Out of the given options, the manager of an investment center is likely to have the most diverse responsibilities. An investment center is a type of organizational unit that is responsible for generating both revenue and profit for the company. Managers of investment centers have the authority to make decisions regarding the allocation of resources, investment opportunities, and financial planning.

For example, let's say a manager is responsible for an investment center in a manufacturing company. The manager may have to handle various responsibilities such as cost control, revenue generation, investment decisions, budgeting, financial analysis, and performance evaluation. This role requires a broad range of skills and knowledge to effectively manage the financial performance and growth of the investment center.

In contrast, the other options mentioned in the question have more limited responsibilities:

  • The manager of a cost center is primarily responsible for controlling and managing costs within a specific area or department of the organization.
  • The manager of a profit center is responsible for generating revenue and profit within a specific area or department of the organization.
  • The manager of a revenue center is responsible for generating revenue but may not have control over costs and profitability.

User Sean Sexton
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