Each Business Unit Within the Corporate Group Will Need to Put

question 5

Multiple Choice

Each business unit within the corporate group will need to put together its own strategy. This is called:

• A) Corporate strategy
• B) Business strategy
• C) Functional strategy
• D) Operations strategy

---

Definitions:

Behavioral Need

Psychological or physiological necessities that drive behaviors in individuals, seeking fulfillment to maintain well-being and homeostasis.

Application Process

The sequence of actions undertaken in order to complete a task or achieve a certain status, often involving submission of information or documents.

Cover Letter

A written document submitted with a job application explaining the applicant's credentials and interest in the open position.

Concrete Operational Stage

A stage in Piaget's theory of cognitive development, where children aged about 7-12 years start to think logically about concrete events but still struggle with abstract concepts.