Profit Centers
What is Profit Centers?
A profit center is a business unit or department within an organization that generates revenue and profits directly. It is responsible for its own costs and revenues, and its performance is evaluated based on its profitability. Profit centers allow organizations to decentralize decision-making, track the performance of individual units, and identify areas for improvement or investment. They are commonly used in large, diversified companies with multiple lines of business or geographic locations.
Which job functions mention Profit Centers?
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