They are meant to make a profit for their companies. They will work to sell products so that they make money.
advantages of profit centre
Cost centers - http://en.wikipedia.org/wiki/Cost_center Profit center - http://en.wikipedia.org/wiki/Profit_center Investment center - http://en.wikipedia.org/wiki/Investment_center
It is a Profit Center
Cost Centre: It is that department in factory where all costs are pooled or costs are allocated. Profit Centre: Is is that department where only profit is pooled like sales department.
cost centre = the department which activities cash disbursement profit centre = the department which activities making cash
Give me an example of a cost center, a profit center, and an investment center for FedEx?
advantages of profit centre
profit
To monitor,and make accountable, the management team for that Cost/Profit/Investment center.
profit
It is simply an extra profit center for the dealership. It is simply an extra profit center for the dealership.
cost center investment center profit center revenue center
Health care can succeed as a profit center. This depends on whether it is managed well and who it is managed by.
Cost centers - http://en.wikipedia.org/wiki/Cost_center Profit center - http://en.wikipedia.org/wiki/Profit_center Investment center - http://en.wikipedia.org/wiki/Investment_center
producers motivated by profit
It is a Profit Center
Cost Centre: It is that department in factory where all costs are pooled or costs are allocated. Profit Centre: Is is that department where only profit is pooled like sales department.