Business Units

Boston Matrix
The Boston Matrix, also known as the Growth-Share Matrix, is a strategic business tool developed by the Boston Consulting Group to help organizations evaluate their product lines or business units.
GE/McKinsey Matrix
The GE/McKinsey Matrix is a strategic tool used for analyzing the strength of business units within a large diversified corporation. It evaluates units based on industry attractiveness and competitive strength, aiding investment and divestment decisions.
Global Hedging
A risk management strategy utilized to balance positions of various business units or with unrelated third parties to mitigate exposure to financial risks.
Investment Centre
An investment centre is a unit or division within an organization where capital expenditures are made under the specific oversight of management responsible for that centre. This focus allows for detailed accountability and efficient resource management.
Revenue Center
A revenue center is an area within an organization designated for generating income without being responsible for costs associated with production or service delivery.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.