By a business unit. You may be thinking that the word business unit may be a little outdated to be used alongside the word business or company. But in reality, the business unit was the first unit of a business that generated revenues and incurs costs.
Business units used to be the size of the company, and they were based on the size of the company. But as organizations grew in size and complexity, the business unit grew in size as well. You can think of it as an “extra” business that, when combined with revenues and costs, yields revenues and expenses.
If you want to generate revenues and incur costs, you need at least one unit of a business. That’s all it takes to be a business. But if you want to be a business, you also need to generate revenues and incur costs. Businesses can be big, and they can be small. But they still need to be a business.
To generate revenues and incur costs, a business has to have an operations center to manage them. The operations center is the heart of the business. As a side note, a unit of a business is basically the same thing as a business. A unit is the same as a business because the operation center is the same.
In the case of digital businesses, there is no operations center, just a few guys who can all do what they want. When we say operations center, we mean the area where all of those guys go to do their business. A business has a number of “units.” A unit is like a person. A unit has two basic functions: it is a human resource and a customer. Like a human, a unit is also a resource.
The first unit in a business is the person. A person is a resource, but not in the business sense. A person is an asset of a business. A person and a unit are the same thing. Our unit of a business is the cash. The cash is a resource. The unit that generates the cash is the store. The store is also a resource. The cash is also a resource.
That’s right, the units of a business are people, cash, and a store. Now the unit that generates income is the business. The business is also a resource. The business is also a customer. The person who wants the cash is the customer. The person who wants the store is the acquirer. The acquirer is also a customer. The acquirer is also a resource. The acquirer is also a person. Finally, the person who wants the store is the owner.
I like to think of the company that generates revenues as the “owner.” The person who owns the store is the acquirer. The acquirer is also a customer. The customer is also a resource, as well as a person, and also a resource. The person who owns the store is the owner.
the company is the owner. The acquirer is the customer. The acquirer is a resource. The customer is a resource. The owner is the resource.
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