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cost centre
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   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.

cost centre

Part of a business to which a cost is allocated for the purposes of strategic planning. Cost centres can be large divisions of a business, departments, small teams, or even individuals.



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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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