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:

Political Power

The ability to influence or outright control the behavior of people and institutions, often within a governmental or organizational context.

Organizational Objectives

The specific, measurable goals set by a company or organization to guide its operations towards achieving its mission and vision.

Perception

Perception is the process through which people receive and interpret information from the environment.

Organizational Politics

Organizational politics is the management of influence to obtain ends not sanctioned by the organization or to obtain sanctioned ends through nonsanctioned means and the art of creative compromise among competing interests.