ShmoopTube
Where Monty Python meets your 10th grade teacher.
Search Thousands of Shmoop Videos
Careers Videos 112 videos
What is the Fast Market Rule? The fast market rule is something that is used in the U.K. to keep the market under control when any sort of crash ha...
What is the Dow Jones Industrial Average? The Dow Jones Industrial Average is usually just called the Dow. It’s an average of 30 of the most well...
What is Arbitrage? Arbitrage is a trading strategy used to make risk-free money. The investor buys a security in one market and sells it in another...
Finance: What is a profit center? 2 Views
Share It!
Description:
A profit center is whatever aspect of a company's business makes them the most dough, and should make up for the...not-so-profit-y centers.
- Social Studies / Finance
- Finance / Financial Responsibility
- College and Career / Personal Finance
- Life Skills / Personal Finance
- Finance / Finance Definitions
- Life Skills / Finance Definitions
- Finance / Personal Finance
- Courses / Finance Concepts
- Subjects / Finance and Economics
- Finance and Economics / Terms and Concepts
- Terms and Concepts / Accounting
- Terms and Concepts / Careers
- Terms and Concepts / Company Management
- Terms and Concepts / Investing
- Terms and Concepts / Metrics
- Terms and Concepts / Tax
- Terms and Concepts / Trusts and Estates
Transcript
- 00:00
Finance a la shmoop what is a profit center? well here's a profit center and
- 00:09
here's a profit center yeah Google search is where Google makes like a [Google search of profits appear]
- 00:13
hundred forty-two percent of its profits so search for Google is its profit
- 00:19
center in fact if it weren't for its search engine well Google would actually
- 00:23
be losing money YouTube loses a billion dollars a year
Full Transcript
- 00:26
depending on how you do the math Google Maps loses 100 million or so everything
- 00:31
else loses a few billion a year and search makes thirty billion dollars a
- 00:36
year annually yeah per year that's what it means
- 00:39
so more than makes up for everything else that's its profit Center and
- 00:43
without that profit center generating profits or cash to fund all these other [Man playing guitar with VR]
- 00:49
wacky ideas the driverless cars our favorite while Google would just be
- 00:53
searching for a way to make money but it doesn't it found it it's called search...
Related Videos
GED Social Studies 1.1 Civics and Government
What is bankruptcy? Deadbeats who can't pay their bills declare bankruptcy. Either they borrowed too much money, or the business fell apart. They t...
What's a dividend? At will, the board of directors can pay a dividend on common stock. Usually, that payout is some percentage less than 100 of ear...
How are risk and reward related? Take more risk, expect more reward. A lottery ticket might be worth a billion dollars, but if the odds are one in...