A _____ Is a Classification Scheme Based on the Categorization

question 51

Multiple Choice

A _____ is a classification scheme based on the categorization of things into groups.

• A)circumplex
• B)hierarchy
• C)assortment
• D)taxonomy

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Definitions:

Strategic Business Units

A division of a larger company that operates as its own entity, with its own mission and objectives, often focusing on a specific product or market.

Boston Consulting Group

A global management consulting firm known for its expertise in business strategy and for pioneering the growth-share matrix.

Cross-Functional Team

A group of individuals with different expertise and from various departments within an organization, working together toward a common goal.

Competencies

A combination of skills, knowledge, and abilities that individuals possess which enable them to perform tasks effectively.