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Post a RequestBusiness Unit Definition
business unit – n : a.k.a. strategic business unit
or P&L; a stand-alone business that operates within a larger company – in effect, a company within a
company – with its own independent management team, and financially measured or
tracked as a separate entity (referred to by accountants as a separate profit and
loss center, or P&L).
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Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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