Explain the implications of the responsibility center

Reference no: EM133665014

Assignment:

In the class sessions and the textbooks, emphasis was given to the manager of the healthcare services organization knowing the scope of his/her area of concern.

a) Explain the meaning and implications of the "responsibility center"

b) Explain how the "responsibility center" is considered a "cost center" and what does that mean for the manager.

c) Explain how the "responsibility center" is considered a "revenue center" and what does that mean for the manager.

d) Explain whether all "responsibility centers" are "cost centers", but not all are "responsibility centers".

e) Provide examples of "responsibility centers" that are only "cost centers", and "responsibility centers" that are both "cost centers" and "revenue centers" in the healthcare services organization, and give explanations supporting why the examples qualify either way.

Reference no: EM133665014

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