Asked by
Kristina Riley
on Oct 15, 2024
Verified
Product lines are often evaluated as profit centers.
Product Lines
Groups of related products offered by a business, typically having similar uses or characteristics.
Profit Centers
Refers to distinct parts of a business that directly contribute to the company's profit through their operations and performance assessment.
- Grasp the disparities between cost centers, profit centers, and investment centers.
Verified Answer
EM
Learning Objectives
- Grasp the disparities between cost centers, profit centers, and investment centers.