ExamplesAny team that is responsible for revenue in some way is typically considered a profit center. For example, product owners, sales and marketing teams are profit centers.Cost centers are teams that serve internal customers that do not contribute directly to a firm's revenue. Functions such as human resources, accounting and information technology are typically cost centers.
|Profit Center vs Cost Center|
A department or team that is responsible for revenue and costs.
A department or team that is not directly responsible for revenue.