Term -Segment

One of two or more divisions, product departments, plants, or other subdivisions of an organization reporting directly to a home office, usually identified with responsibility for profit and/or producing a product or service. The term includes:

  1. Government-owned contractor-operated (GOCO) facilities; and
  2. Joint ventures and subsidiaries (domestic and foreign) in which the organization has:

      (i) A majority ownership; or

      (ii) Less than a majority ownership, but over which it exercises control.

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