What Are Departments Called That Resemble Separate Businesses in That

question 82

Multiple Choice

What are departments called that resemble separate businesses in that they produce and market their own products?

• A) Regions
• B) Divisions
• C) Function centers
• D) Cost centers
• E) Work hubs

---

Definitions:

Competitor-Oriented Objective

Goals set by a company with a focus on outperforming competitors, often through pricing strategies, product features, or marketing efforts.

Customer-Oriented Activity

Business actions focused on satisfying customer needs and preferences, aiming to build long-term relationships and enhance customer satisfaction.

PIMS Data

Database information from the Profit Impact of Market Strategy project, which analyzes business strategies and their impact on profitability.