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- "Line of business" often refers to an internal corporate business unit, whereas the term "industry" refers to an external view that includes all competitors competing in a similar market.en.wikipedia.org/wiki/Line_of_business
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WEBDec 2, 2022 · Many large corporations have strategic business units (SBUs), each with its own product lines, budgets, strategic planning units, and marketing campaigns. Learn more about strategic business unit …
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WEBJan 12, 2022 · For example, when functional leaders design functions, they are usually more centralized (in pursuit of economies of scale and skill); when business-unit leaders weigh in, functions tend to end up more …
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WEBMay 4, 2024 · Product. Large companies can be split into smaller divisions based on the product category. For example, an automobile manufacturer may split its product divisions into luxury sedans and off-road vehicles. …
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