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In order to achieve the purpose of delegation, controlling tasks, and improving decision-making, Sundial, Inc. decides to decentralize and introduce a Management Control System. As
In order to achieve the purpose of delegation, controlling tasks, and improving decision-making, Sundial, Inc. decides to decentralize and introduce a Management Control System. As a new assignment, your boss asks you to prepare a proposal for Responsibility Accounting, which implies creation of four decentralized units (responsibility centers). The organizational structure of Sundial, Inc. looks as follows: Divisions Vice President Sunglasses Product Manager Finance CFO Sunglasses Plant Manager Sunglasses Distribution Manager Sundial, Inc. President and CEO Legal General Counsel Personnel Vice President 1) Explain in your own words what Responsibility Centers are. What are the four types of responsibility centers? Provide at least two advantages and two disadvantages of responsibility centers
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