- nounbusiness 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"
Similar and Opposite Words
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- Business units are123:
- Separate divisions within a company that often develop and implement their own processes independently from the core business or brand.
- Departments or teams that develop and implement independent strategies.
- Responsible for specific functions and have their own goals and objectives.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A business unit is a separate division within a company that often develops and implements its own processes independently from the core business or brand while still adhering to the overall company policies. Typically, large brands adopt this kind of structure to better organize and track metrics like revenue or costs for each division.www.indeed.com/career-advice/career-developme…A business unit is a department or team that develops and implements independent strategies in a company. While they are fully functional divisions, their processes and practices typically align with a company's primary activities.ca.indeed.com/career-advice/career-development/…A business unit is a group of people within a company who are responsible for a specific function. The term can be used to refer to departments, divisions, or other types of teams. Business units typically have their own goals and objectives, which may be different from those of the company as a whole.oboloo.com/blog/what-is-a-business-unit-definition/ Explore further
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WEBDec 2, 2022 · Written by MasterClass. Last updated: Dec 2, 2022 • 3 min read. Many large corporations have strategic business units (SBUs), each with its own product lines, budgets, strategic planning units, and …
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WEBFeb 22, 2023 · At its core, a strategic business unit (SBU) is a self-contained business entity that operates independently within a larger organization. The purpose of an SBU is to focus on a specific product, …
WEBMar 16, 2024 · A strategic business unit (SBU) is an independently managed division of a large organization with its own vision, mission, and objectives. A strategic business unit is a division responsible for …
WEBCorporate strategy defines what set of businesses to compete in, while business unit strategy describes how to compete in each distinct business or industry. While both are essential, business units typically …
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