Strategic Business Unit Notes: Definitions & Explanations PDF | Download eBooks
Study Strategic Business Unit lecture notes PDF with project management definitions and explanation to study What is Strategic Business Unit?. Study strategic business unit explanation with project management terms to review project management course for online MBA programs.
Strategic Business Unit Definition:
A Strategic business unit (SBU) is a grouping of functional units that have the responsibility for profit (or loss) of part of the organization's core businesses.
Project Management: A Systems Approach to Planning, Scheduling, and Controlling by Harold Kerzner?
Strategic Business Unit Notes:
Sometimes, an organization involves a number of businesses. These organizations, nowadays, have restructured to form strategic business units. A strategic business unit is a functional group within an organization that represents a firm's core business. All the strategic business units are headed by a single executive while each strategic business unit has its own manager. Developing strategic business units within organization helps to become customer focused organization. Each strategic business unit work closely with the customer. The resources of one strategic business unit can be shared with another unit. For example, a supplier for automotive parts can develop separate strategic business units for each automotive company that purchases parts for it.
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