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A strategic business unit (SBU) in business strategic management, is a profit center which focuses on product offering and market segment. SBUs typically have a discrete marketing plan, analysis of competition, and marketing campaign, even though they may be part of a larger business entity.
Sam's Club opened their first Business Center in Houston, Texas, in August 2008. Converted from an existing Sam's location, the Business Center is similar in concept to Costco's Business Centers. In January 2010, the company announced it would be closing its Business Center, along with nine other clubs across the United States. [40]
ABA Business Center is a mixed-use highrise in Tirana, Albania. At 83m high, it consists of 21 floors above ground and 3 underground floors for parking space. The building offers prime office space for conferences and meeting rooms. On the 4th floor of ABA is Bar Restaurant Fusion, one of the most popular destinations in the city.
A cost centre is a department within a business to which costs can be allocated. The term includes departments which do not produce directly but they incur costs to the business, [1] when the manager and employees of the cost centre are not accountable for the profitability and investment decisions of the business but they are responsible for some of its costs.
Costco's longest-serving CEO, Sinegal, learned the retail business largely through working his way up FedMart's corporate ladder. In CNBC's 2012 documentary on Costco, Sinegal indicated that Price had been his mentor, as well as the person who taught him to be "tough" in business, and to display a sense of "social responsibility" toward employees.
See's Candies is an original store at Grossmont Center which stands in the same place and is still doing business. [6] In 1992, the mall's movie theater complex closed, [10] but it was reopened and expanded on May 26, 1995. [11] Barnes & Noble Booksellers was also added on November 24, 1997, replacing Woolworth which closed in 1993.
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