What Is a Strategic Business Unit?

The strategic business unit also translates "strategic business unit", "strategic business unit", and "strategic business unit". A department set up within a diversified enterprise that operates a certain type of relatively independent business. Obtain certain authorization from the company's headquarters, operate relatively independently, and have the necessary functional departments; products or services have a clear external market; a senior executive is responsible for reporting directly to the company's headquarters CEO. ^[1]