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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 an example of a business unit?A business unit is a department or team that develops and implements independent strategies in a company. For example, a company producing equipment might have business units for appliances and electronics production. While they are fully functional divisions, their processes and practices typically align with a company's primary activities.
    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 that enhances the overall performance of the enterprise.
    What is a business unit in business development?Related: Business Development Defined (With Answers to FAQs) What is a business unit? A business unit is a unique division within a company that focuses on developing and implementing different processes and products separate from that of the company.
    What is a business-unit strategy?Each business unit in an organization must develop its own business-unit strategy to fulfill its part of the primary corporate strategy and make a distinct, value-added contribution to the organization's long-term success. In order to optimize results, strategy needs to be part of everyone’s responsibilities at the business unit level.
     
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