A Subgroup of a Single Business or a Collection of Related

question 85

Multiple Choice

A subgroup of a single business or a collection of related businesses within the larger organization is called a(n) :

• A) conglomerate
• B) joint venture
• C) strategic business unit (SBU)
• D) oligarchy
• E) strategic alliance

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Definitions:

Employees

Individuals who are hired by a company or organization to perform specific duties in exchange for compensation.

Time Management

The process of planning and exercising conscious control over the amount of time spent on specific activities, to increase effectiveness, efficiency, or productivity.

Challenges

Challenges are difficulties that require effort or skill to overcome.

Productivity

The efficiency of work, particularly in industrial settings, is gauged by the amount of output generated per input unit.