An organization is said to have _______ when it has several different businesses that are independent and that formulate their own strategies
A. operational units
B. strategic business units
C. competitive advantages
D. legal subunits
Answer: Option B
Solution(By Examveda Team)
An organization is said to have strategic business units when it has several different businesses that are independent and that formulate their own strategies. Strategic Business Unit (SBU) implies an independently managed division of a large company, having its own vision, mission and objectives, whose planning is done separately from other businesses of the company.Related Questions on Strategic Management
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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