单词 | profit center |
释义 | profit centerDefinition 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. Use 'profit center' in a SentenceYou should try to make sure that you have good people in the profit center that can break things down quickly. Wal-Mart has diversified into nearly every sector of the retail market, but they rely on their most consistent income from such profit centers as clothing and electronics. You should try to have people that you trust and that are good at math manning your profit center making the important decisions. |
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