define business unit - Search
  1. Dictionary

    busi·ness u·nit
    [business unit]
    noun
    business unit (noun) · business units (plural noun)
    1. another term for strategic business unit.
      "he is responsible for a business unit with a $4million turnover and 20 reports"
    2. 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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    Similar and Opposite Words
    noun
    1. a building (typically one of a number of similar buildings) or a self-contained section of a building intended for use as business premises:
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  2. People also ask
    What is a business unit example?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. For example, suppose a company producing equipment has business units for appliances and electronics production.
    What is a business unit (how to make them successful)?A business unit is a segment of a company with strategic objectives separate from the parent company but enhances the overall performance of the enterprise.
    What is a strategic business unit?A strategic business unit would comprise a team that manages its operations, brand name, objectives, and geographical location where it conducts its operations. Organizations work better under a unit structure as they are not bound by the limited available resources that confound the larger organization.
    What does business unit mean in English?Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. What is the pronunciation of business unit? BUSINESS UNIT meaning: a part of a company that operates as a separate part of the whole business: . Learn more.
     
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