business segment

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Business Segment

A division or subset of a business' operations, especially in large corporations. For a division to be considered a segment, it must directly earn revenue for the company. For example, a heavily diversified corporation may have one segment dedicated to telecommunications, another to manufacturing, and a third to energy. It is also known simply as a segment. Internally, each segment's expenses and revenues are accounted for separately.

business segment

See segment.

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References in periodicals archive ?

Effective immediately, all four business segments will report directly to Pierre Beaudoin, President and Chief Executive Officer, Bombardier Inc.

Canada : Bombardier Announces New Organizational Structure

Global healthcare company Pfizer (NYSE:PFE) announced on Monday plans to move forward to internally separate its commercial operations into three business segments.

Pfizer separates into three business segments; Announces new management changes

The Service ruled in both situations that the separation of business segments provided a real and substantial benefit to the company that was motivated by a real and substantial non-Federal tax purpose pertinent to the business, which could not have been effected by any other means.

Distributions causing a stock value increase met business purpose requirement

Kevan Casey, CEO of eLinear, stated, "We are growing our business across all business segments and we are expecting to achieve significant growth over last year's revenue.

eLinear wins data protection, security and backup project order from large law firm

To implement these strategies worldwide, L&N has established four global Business Segments, with the management of each responsible for marketing, application engineering and R&D.

Leeds & Northrup reorganizes to focus on global markets

Bemis Company Inc announces three new reportable business segments following realignment