1 of our books defines this term.
a department or other unit within an organization to which costs may be charged for accounting purposes; for example, a human resources department. Unlike a profit center, cost centers only contribute to a company’s profitability indirectly.
— Project to Product, Mik Kersten
See also Age of Mass Production · alignment index · flow velocity · Installation Period · Kondratiev waves · primary sector
Filed under Metrics & Economics
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