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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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    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:
      manufacturing complex
      industrial unit
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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?Since 2008, the local public water company officially called a strategic business unit of the national water company - has been operating at a profit. The business unit provides day-definite delivery service to manufacturing, industrial and retail customers. The awards relate to the health and safety management at a specific site or business unit.
    What are business units based on?Business units based on product line or product type such as an video game company with different units for hardware and software. Structuring distribution channels as different profit centers. For example, a fashion retailer with different departments for retail and ecommerce.
     
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