Business Unit (BU)
1. Business Unit or BU refers to a division, facility or department of an organization.
Notes (1): Examples of business units include retail outlets and human resource department. A business unit can perform a number of business functions.
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2. Refers to a division, facility or department of an organization. Examples of business units include retail outlets and human resource department. A business unit can perform a number of business functions.
(Source: Singapore Standard 540 - SS 540:2008)
3. A segment of the business entity by which both revenues are received and expenditure is caused or controlled such revenues and expenditure being used to evaluate segmental performance.
(Source: OGC, Information Technology Infrastructure Library (ITIL) v3)