Each of the following situations describes an organizational unit. Identify the type of responsibility centre of each item in italics (cost, revenue, profit, or investment centre).
a. The Goodyear Tire & Rubber Company is one of the oldest tire companies in the world. Its geographic regions include North America, Europe, Africa, South America, Asia, and Australia.
b. The Pasta Group Account Team of Maple Leaf Foods is responsible for sales and servicing for the Sobey’s, No Frills, and Costco accounts.
c. The Fairmont Banff Springs, The Fairmont Royal York in Toronto, and The Fairmont Le Château Frontenac are all hotels owned by their parent corporation, Fairmont Hotels& Resorts.
d. Cow’s Prince Edward Island is located in Charlottetown. The store sells a variety of company products, while the café offers their ice cream and dairy bar products.
e. The 3M Company manufactures and distributes products under the Post-it, Scotch, Nexcare, and Thinsulate brands.
f. The Chapters bookstore in Kelowna, B.C., is owned by its parent, Indigo Books and Music, Inc. The Kelowna bookstore, like other Chapters bookstores, sells books, magazines, music CDs, coffee, and a variety of other items.
g. The Human Resources Department at Hallmark Canada is responsible for hiring and training new associates.
h. The Bay store in the Place d ’Orleans Shopping Center in Ottawa is owned by the Hudson
i. The Information Systems Department is responsible for designing, installing, and servicing the information systems throughout Kohl’s Corporation.
j. The reservation office for West Jet is responsible for both web sales and counter sales.
k. In addition to other accounting duties, the Financial Reporting and Control & Analysis Department at RBC Insurance is responsible for performing a monthly analysis of general ledger accounts and fluctuations as a control mechanism.