- nounbusiness unit (noun) · business units (plural noun)
- another term for strategic business unit."he is responsible for a business unit with a $4million turnover and 20 reports"
- a building (typically one of a number of similar buildings) or a self-contained section of a building intended for use as business premises:"approximately 214,000 residential units and 30,000 business units sustained structural damage in the earthquake"
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Characteristics of a Business Unit and Why It's Important
- Share ownership
- A "share" of a company is a certain amount of ownership that investors and business owners can buy, sell or trade on the stock exchange. A business unit is an indepen…
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