A Strategic Business Unit Is

question 77

Multiple Choice

A strategic business unit is:

• A) A cost centre
• B) Either a revenue centre or a profit centre
• C) Either a revenue centre or an investment centre.
• D) Either a profit centre or an investment centre.

---

Definitions:

Social Status

The position or rank of a person or group within the hierarchy of a society, determined by various factors including wealth, occupation, education, and family background.

Division of Labour

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.

Mary Parker Follett

An early 20th-century social worker and management consultant who introduced concepts of conflict resolution, leadership, and the importance of people in the workplace.

Organisations

Entities where groups of individuals work together towards common goals or objectives, structured within a defined framework.