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cost centre |
Also found in: Wikipedia, Hutchinson | 0.02 sec. |
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cost centre n
(Economics, Accounting & Finance / Accounting & Book-keeping) a unit, such as a department of a company, to which costs may be allocated for cost accounting purposes How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Dimension Data is also not happy with the fact that most companies view their call centers as cost centers and not profit centers. When it comes to getting equipped with a credit card, many people are aware of the advantages and disadvantages, but few are aware of how to ensure that they are getting the best deal through being careful about the credit card provider they use, and ensuring they have read the terms and conditions, and are therefore aware of all the cost centers that will affect them during their contract. If we move away from the idea of profit centers that need to be maximized and cost centers that need to be cut so logically increasing profit, we can start thinking of the different business components as contributing value. |
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