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.
Keep Learning with Project Management Notes
What is Managing Project Knowledge?
After the project is planned, the main focus of the project team is to execute the project as planned. There ...
What is Complexity?
The word 'complexity' refers to something being complicated. Projects can be of different types, easy or complex. Complex projects are ...
What is Budget at Completion?
Different costs are associated with a project. One of them is called budget at completion. Budget at completion is the ...
What is Organizational System?
When organizations carry out projects, they are performed under certain constraints that are imposed by the organization. The constraints relate ...
What is Sequencing Activities?
After the activities associated with the project are defined, their sequence must be established. The process of establishing relationship and ...
What is Variable Control Charts?
In order to control the non-conformities in the produced products, it is important to focus on the processes that are ...
