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4. Break-even operation: Over time, the Cost Center should fully recover not over recover (or “break even”) the total cost of providing the good and/or service. 5. Cost Centers will be reviewed ...
At a recent dinner event in Charlotte with a few advanced CIOs and CISOs, we discussed ways to turn IT from a cost center to a profit center. As it turned out, all of the executives at the table ...
Marketing will be a cost center at times, whether companies admit it or not. And that is not a flaw. HR, IT and finance do not generate direct revenue, yet no one questions their value.
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