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.

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Definitions:

Parental Income

The combined incomes of an individual's or child's mother and father, considered an important factor affecting opportunities and socioeconomic status.

Socioeconomic Status

A classification of an individual or group's position within a societal hierarchy, based on factors like income, education, and occupation.

Caste System

The Caste System is a form of social stratification defined by hereditary status, often seen in India, where individuals' occupations and social connections are heavily influenced by their caste.

Social Mobility

The ability for individuals or groups to move within the social hierarchy, including upward and downward mobility, which reflects changes in wealth, occupation, education, or social status.