OPPapers.com Essay Index >> Business >> Profit Center
We have many free term papers and essays on Profit Center. We also have a wide variety of research papers and book reports available to you for free. You can browse our collection of term papers or use our search engine.
From cost center to profit center Introduction Organizations with decentralized operations structures typically divide their operations into cost or profit centers.
Profit Center INCREAS PROFITABILITY OF BRANCH profit center Definition A business unit or department which is treated as a distinct entity enabling revenues and
CREATING THE GLOBAL PROFIT CENTER CREATING THE GLOBAL PROFIT CENTER Executive Summary As organizations are growing increasingly competitive, the need to extend into
Inc. was restructured by George Liddy so that each department will operate as an independent profit center. However, a recent new car purchase sparked friction and
Non-Profit Marketing Plan I. Executive Summary Grief Counseling Center (GCC) is a non-profit organization established to provide counseling services for individuals
Submitted by anils on June 9, 2008
Category: Business
Words: 350 | Pages: 2
Views: 174
Popularity Rank: 80,187
Average Member Grade: N/A (Add a Comment / Grade this Paper)
INCREAS PROFITABILITY OF BRANCH
profit center
Definition
A business unit or department which is treated as a distinct entity enabling revenues and expenses to be determined so that profitability can be measured.
Distinctly identifiable department or unit that contributes to the overall financial results of a firm. Where adequate cost accounting systems are in place, profit centers are given responsibility to target certain percentages of the total revenue and are given adequate authority to control their costs to achieve those targets. See also cost center and revenue center.
business
Definition
A commercial activity engaged in as a means of livelihood or profit, or an entity which engages in such activities.
profit
Definition
The positive gain from an investment or business operation after subtracting for all expenses. opposite of loss.
operation
Definition
A business, unit or function within a company.
expense
Definition
Any cost of doing business resulting from revenue-generating activities.
loss
Definition 1
A reduction in the value of an investment.
Definition 2
A condition in which a company's expenses exceed its revenues. opposite of profit.
cost center
Definition 1
Defined geographical area, machine, or person to whom direct and indirect costs are allocated.
Definition 2
Distinctly identifiable department, division, or unit of firm whose managers are responsible for its all associated costs and for ensuring adherence to its cost-budgets. Also called cost pool. See also profit center and revenue center.
decision
Definition
Choice made between alternative courses of action in a situation of uncertainty. Although too much uncertainty...
You must Login to view the entire paper.
If you are not a member yet, Sign Up for free!