Subgroups of a Single Business or a Collection of Related

question 169

Multiple Choice

Subgroups of a single business or a collection of related businesses within a larger organization are referred to as:

• A) strategic marketing organizations
• B) strategic subgroups
• C) market segments
• D) business segments
• E) strategic business units

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Definitions:

Pension Plan

A savings strategy for retirement that mandates employers contribute to a fund reserved for an employee's future benefits.

Profit-sharing Plan

A retirement plan that gives employees a share in the profits of the company.

Coverdell Education Savings Account

A tax-advantaged saving account designed to pay for education expenses, from primary to higher education.

AGI

AGI (Adjusted Gross Income) is a measure of income calculated from your gross income and allows certain deductions to lower your taxable income, such as contributions to retirement accounts and student loan interest.