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What is a Business Unit? Give two different examples to explain.Business units are logical structures used within an organization for reporting purposes. At least one business unit needs to be defined. Business units do not have any restrictions. The number of business units to be created depends entirely on the organization structure and business needs.
For eg. A company’s reporting is done on the basis of geographical location. It has six business units namely- NAmerica, SAmerica, EMEA, APAC, Russia and AUS. On the other hand, another company’s reporting is done on the basis of cost centers and it has only one business unit – GLOBAL.
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