An Organization Is Said to Have________ When It Has Several

question 12

Multiple Choice

An organization is said to have________ when it has several different businesses that are independent and that formulate their own strategies.

• A) operational units
• B) competitive advantages
• C) legal subunits
• D) strategic business units

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Definitions:

Compensation

Payment or reward given to someone in recognition of loss, suffering, or injury.

Federal Court

Federal court refers to a system of courts that have jurisdiction over legal disputes governed by federal law, including disputes between states, constitutional issues, and matters involving the federal government.

Jurisdiction

Jurisdiction pertains to the official power to make legal decisions and judgments, often within a specific geographic area or over certain types of legal cases.

Consumer Surplus

Consumer surplus is the difference between the highest price a consumer is willing to pay for a good or service and the actual price they pay.