Economics and Business Management
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Profit Centre
Author: Paulo Nunes (Economist, Professor and Business Consultant) Contributions: without contributions ... if you are an expert in this field help us to enrich our site ... contact us knoow.net@gmail.com Date Created: 25/05/2011 Summary: zzzz... see full article Key words: management, Comment or read other comments on this article |
Profit Centre |
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Profit Centre Concept A profit centre is an individualized unit (a commercial store, a factory, a delegation, etc.) or a company’s department that is responsible for its own costs, gains and, consequently, for its own profits. Generally, the profit centre managers have a lot of freedom in decision taking, managing their sectors as if they were managing an independent company, being subjected only to some limitations of strategic nature such as price, marketing strategy or positioning of a product.
Translated from Portuguese by Susana Saraiva, Portuguese-English and English-Portuguese translation specialist. Contact: spams@sapo.pt.
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