Lubrizol is a large chemical company that specializes in producing lubricants. Lubrizol was acquired in 2011 for $9 billion by investment holding company Berkshire Hathaway. Lubrizol may be classified as a(n)
A)cost center.
B)investment center.
C)profit center.
D)revenue center.

Question

Quizplus · Accepted Answer

Lubrizol was acquired by investment holding company Berkshire Hathaway, which suggests that Lubrizol is likely classified as an investment center. Investment centers are responsible for generating revenue and managing the assets of the business, which align with Berkshire Hathaway's investment goals.

Lubrizol Is a Large Chemical Company That Specializes in Producing