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A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. [1] Overview
A strategic business unit (SBU) in business strategic management, is a profit center which focuses on product offering and market segment. SBUs typically have a discrete marketing plan, analysis of competition, and marketing campaign, even though they may be part of a larger business entity.
CPU – Central Processing Unit; CSI – Corporate Social Investment; CSO – Chief Security Officer; CSR – Corporate social responsibility; CRM – Customer Relationship Management; CVP – Cost Volume Profit; CTA – Call to action; CTO – Chief Technology Officer; CX – Customer Experience; CXO – Any chief officer(s), x being a ...
Each category is run as a "mini business" (business unit) in its own right, with its own set of turnover and/or profitability targets and strategies.Introduction of Category Management in a business tends to alter the relationship between retailer and supplier: instead of the traditional adversarial relationship, the relationship moves to one of collaboration, with exchange of information ...
Choosing a structure for a company is an important decision and must be strategically thought out because it could either aid or harm the making of business. The structure must also be a good fit for the type of activities, goals, and vision of the company. [3] The organizational structure is a reflection of how conveniently business is conducted.
Line of business (LOB) is a general term which refers to a product or a set of related products that serve a particular customer transaction or business need. In some industry sectors, like insurance, "line of business" also has a regulatory and accounting definition to meet a statutory set of insurance policies.
Business unit, a division within a company, as in strategic business unit; ... Brabender unit, a unit of flour analysis measured by a farinograph; Units of measure
A headquarters normally includes the leader of a business unit and their staff, as well as all functions to manage the business unit and operational activities. The head of the business unit is responsible for overall result of the business unit.