83,273
edits
Template:Cost centre capsule: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) (Created page with "A “cost center” in a firm is a department that does not directly earn revenue but still costs money to operate. Cost centers therefore only contribute to profitability ind...") |
Amwelladmin (talk | contribs) No edit summary |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
A | A “'''[[cost center]]'''” in a firm is a department that does not directly earn revenue but still costs money to operate. [[Cost center]]s therefore only contribute to profitability indirectly, by enabling [[profit centre]]s to operate, helping them operate better, and preventing money made by [[profit centre]]s being lost again. Cost centres may be, and usually are, also [[waste centre|''waste'' centre]]s, but that is not to say cost and waste centres are the same: to confuse them is to make the fundamental mistake of modern management.<br> | ||