Each Strategic Business Unit Has Marketing and Other Specialized Activities

question 299

Multiple Choice

Each strategic business unit has marketing and other specialized activities (e.g., finance, manufacturing, or research and development) at the ________ level, where groups of specialists actually create value for the organization.

• A) strategic
• B) corporate
• C) functional
• D) business unit
• E) tactical

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Definitions:

Cereals

Grasses cultivated for the edible components of their grain, like wheat, maize, rice, and oats, which are a staple food in many cultures.

Protectionism

A call for tariffs and favourable treatments to protect domestic firms from foreign competition.

Foreign Competition

The presence of competitors from other countries in a domestic market, highlighting the global nature of the market and challenges for local firms.

Tariffs

Taxes imposed on imported or, less commonly, exported goods, used by governments to regulate trade, protect domestic industries, or generate revenue.