Areas of Business Within a Firm That Are Distinct Enough

question 25

Multiple Choice

Areas of business within a firm that are distinct enough to have their own missions, business objectives, resources, managers, and competitors are referred to as ________.

• A) strategic business units
• B) market development units
• C) market penetration units
• D) standard business units
• E) competitive intelligence units

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Definitions:

Synthesize

The process of combining different elements or components to form a coherent whole, especially in the context of producing chemical compounds or complex ideas.

Sufficient Amounts

Quantities or volumes that are adequate for meeting needs, requirements, or purposes specified in a particular context.

Steroids

A large class of organic compounds with a characteristic molecular structure containing four rings; they include many hormones, alkaloids, and vitamins.

Structural Related

Referring to the relationship or similarities in the physical or anatomical structure of different entities.