profit center vs cost center
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profit center vs cost center

Two extremes can be envisaged. In an extreme case, each production is done by a single individual, such as a person making a car. In this way, the person is going to trade with a lot of intermediate goods suppliers, and also to trade with the demanders of their products. In this case, all transactions are conducted through the market in many individuals. In another extreme cases, all the production in the economy in a large enterprise, such as the complete car was produced in the enterprise interior, don't need to make any intermediate products trading market. Therefore, the same transaction can be conducted either through the organizational form of the market or through the organizational form of the enterprise. Companies exist, or companies and markets coexist, because some transactions cost less in the enterprise, while others cost less in the market. Investment in securities provides an important channel for the society to raise funds, which is an effective way for enterprises to raise direct financing. In the late 20th century, in the context of China's reform and opening up and modernization, and the influx of new concepts in the field of information technology, the meaning of "enterprise" changed. On the one hand, a large number of "enterprises" have emerged in the non-planned economy. On the other hand, in some new concepts, the meaning is not limited to commercial or for-profit organizations, which are currently mainly derived from the translation of the word "enterprise" in English. Therefore, the word "enterprise" appears in public media in two ways: Recently, Apple Inc. announced its astonishing sales record within the Greater China region at US$3.8 billion in latest three-month period, probably leading Apple to surpass the region's pc giant Lenovo Group the first time in a minimum of several years. Let's follow this article and see how amazing Apple's revenue is through the third quarter of 2011. The standard variable interest rate (SVR) is usually adjusted at the base rate, and these standard variable interest rates (SVR) are not fixed or floating transactions. 2. Accounting earnings are based on the assumption of accounting instalments, which refers to the production and operation results of a certain period of time. Early accounting earnings is calculated according to the cash basis, and the modern accounting earnings is according to the classification current income and expenses of accrual basis, after the appropriate ratio calculated. However, the benefits of cash determination are more acceptable to users.