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:

Nonmonetary Reward Plan

A scheme that recognizes and rewards employees through means other than financial compensation, such as recognition or flexible work hours.

Key Issues

Important or critical topics, problems, or challenges that are central to the success or failure of a policy, strategy, or project.

Stock Plans

Stock plans are arrangements by a company to grant equity options or shares to employees as part of their remuneration package, aiming to align employees' interests with those of the shareholders.

Private Corporations

Businesses that are owned privately, not by the government, and are run to make a profit for their owners or shareholders.