A(n)_____ Is a Tightly Organized Unit Under the Direction of a Manager

question 70

Multiple Choice

A(n) _____ is a tightly organized unit under the direction of a manager who,usually,has broad authority to accomplish a single goal or mission.

• A) SBU
• B) quality control team
• C) task force
• D) joint venture
• E) structural division

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Definitions:

Excess Funds

Refers to the surplus money a business has after all its operational costs, taxes, and obligations have been met, which can be invested or saved for future use.

Growth Strategies

Approaches and methods businesses use to achieve higher levels of market share, revenue, and profitability.

Market Penetration

A strategy aiming to increase sales of existing products or services within current markets, often by gaining a larger market share.

Evaluate Performance

The process of assessing the efficiency and effectiveness of actions or operations, typically involving comparison to established standards or benchmarks.