business unit
Organizational profit center
A business unit is a distinct segment of a company that operates semi-independently, typically with its own revenue targets, budget, and management structure.
Large corporations often organize into business units by product line, geographic region, or customer type: The consumer electronics business unit outperformed the appliance division.
The term implies enough autonomy to function as a business within a business.
Splitting into parts
- departmentDistinct unit within organization
- segmentDistinct part of whole
- branchDivision or woody limb
- sectionDistinct divided part
team · group · wing · cost center · profit center
Of lesser importance
- affiliateConnected member organization
- holdingMaintaining physical possession
- spin-offDerivative from a parent
- joint ventureCollaborative business arrangement
franchise · arm · offshoot · satellite · parent company · sister company · shell company
Planned systematic activities
- marketingPromoting goods to consumers
- financeProvide money for
- salesRevenue from goods moved
- human resourcesEmployee administration department
HR · procurement · accounting · research and development · R&D · customer service · logistics · supply chain
division
Splitting into parts
- departmentDistinct unit within organization
- segmentDistinct part of whole
- branchDivision or woody limb
section · team · group · wing · cost center · profit center
subsidiary
Of lesser importance
- affiliateConnected member organization
- holdingMaintaining physical possession
- spin-offDerivative from a parent
joint venture · franchise · arm · offshoot · satellite · parent company · sister company · shell company
operations
Planned systematic activities
human resources · HR · procurement · accounting · research and development · R&D · customer service · logistics · supply chain · legal
- organizational unitsdepartment, division, branch, section, team
- corporate groupconglomerate, holding company, parent company, subsidiary, affiliate
- corporate structuresubsidiary, parent company, holding company, corporate group, affiliate
- industrial parksindustrial park, factory, manufacturing plant, warehouse, distribution center
- org chartCEO, CFO, COO, department, division head
- factoriesfactory, manufacturing plant, assembly plant, car factory, plants
business unitparent company
Firm owning subsidiary businesses
corporation · enterprise · conglomerate · holding company · headquarters
business, unit, busily, busyness, businesses, units, unite, unity, united