A Business Entity with a Clearly Defined Market, Specific Competitors

question 61

True/False

A business entity with a clearly defined market, specific competitors, the ability to carry out its business mission, and a size appropriate for control by a single manager is a strategic operating unit.

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Definitions:

Automated Guided Vehicles

Driverless vehicles equipped with sensors and processors, used in manufacturing and warehouses for material handling and transport tasks.

Material Handling

The act of transporting, securing, keeping, and supervising materials and goods from the point of manufacturing, through storage and distribution, to their consumption and eventual discard.

AGVs

Automated Guided Vehicles; robotic vehicles used for transporting materials around a manufacturing facility, warehouse, or other environments without direct human intervention.

CNC

Acronym for Computer Numerical Control, a process used in manufacturing that involves the use of computers to control machine tools.