Within an Organization, the Single Independent Businesses That Formulate Their

question 122

True/False

Within an organization, the single independent businesses that formulate their own competitive strategies are known as strategic business units.

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Definitions:

Organization's Environment

The combination of internal and external factors that influence an organization’s operating situation, including economic, technological, social, and political conditions.

Change Strategy

A plan or approach designed to achieve adjustments in the policies, practices, or structure of an organization to address current or future challenges.

Proactive Change

An approach focused on anticipating and initiating change rather than reacting to events after they occur.

Organization-Wide Changes

Substantial alterations in an organization's structure, strategy, practices, or culture that affect the entire organization.