Match each definition with the correct word Part of an organization in which the manager is responsible for sales, costs, and investment Answer 1 Describe the income generating activities of a firm, sales, production, and finished goods inventories, ending with the budgeted income statement Answer 2 The practice of delegating decision-making authority to lower levels of management Answer 3 the profit (earnings) per dollar of investment Answer 4 Part of an organization in which the manager is responsible for both sales and costs Answer 5 segment of a business in which a manager is accountable for a specific set of activities Answer 6 A strategic management system that translates an organizations mission and strategy into operational objectives and performance measures Answer 7 The minimum ROI required to accept an investment Answer 8 part of an organization in which the manager is responsible for Answer 9 The ratio of operating income to sales Answer 10 After-tax operating income minus the dollar cost of capital employed Answer 11 Part of an organization in which the manager is responsible only for costs Answer 12 The difference between income and the minimum dollar return required on a compa