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  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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    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?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.
    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 strategic business unit?Definition of Strategic Business Unit, Strategic Business Unit Meaning - The Economic Times Definition: A strategic business unit, popularly known as SBU, is a fully-functional unit of a business that has its own vision and direction. Typically, a strategic business unit operates as a separate unit, but it is also an important part of the company.
    How are business units organized?Business units can be of various sizes, and their structure will depend on the size and type of company. In large companies, business units are often organized into divisions, which are then further divided into departments or teams. In smaller companies, there may only be one or two business units.
    What are the different types of business units?The following are common types of business unit. Business units that are investing in research, product development and growing new product lines or brands. For example, a telecom company with a business unit for data centers. It is common to structure legacy products and services that are in decline into a separate business unit.
    What is a customer business unit?Customer business units focus on specific groups of customers. For example, a company may have a business unit that focuses on selling to small businesses, another that focuses on selling to individuals, and another that focuses on selling to large organizations.
     
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