Examlex
Today,a reasonable definition of family would be:
Generates Revenue
Activities or processes that result in the earning of income for a business through the sale of goods or services.
Incurs Costs
To undergo or suffer expenses during the execution of activities or operations.
Profit Center
A business segment or department within an organization that is responsible for generating its own revenue and thereby directly impacting profitability.
Responsibility Center
A department or unit within an organization that is accountable for specific activities and performance, with its performance measured against planned objectives.
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