What does business unit mean?

business unit meaning in Law Dictionary

Strategic Business Unit or SBU is comprehended as a company unit in the overall business identification that will be distinguishable from other company since it acts a precise exterior marketplace in which administration can perform strategic preparation pertaining to services and products and marketplace

business unit meaning in Business Dictionary

A logical element or segment of a company (particularly bookkeeping, manufacturing, advertising and marketing) representing a certain company function, and a certain put on the business chart, in domain of a manager. Also referred to as division, unit, or a practical area.