What Is the Main Difference Between a Cost Center and a Profit

question 41

Essay

What is the main difference between a cost center and a profit center?

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Definitions:

Emotional Experience

The complex feeling states that arise from the sensory input and can include reactions and physiological expressions.

Behavioural Component

Refers to the actions or reactions of an organism in response to external or internal stimuli.

Achievement Motive

Achievement motive is an individual's drive to excel, achieve in relation to a set of standards, or strive to succeed in competitive situations.

Competence Motive

The internal drive to be effective in dealing with the environment and to master the challenges it presents.