Question

Which of the following refers to individual units within a firm that operate like separate​ businesses, with each having its own​ mission, business​ objectives, resources,​ managers, and​ competitors?
A. Business portfolio
B. Strategic business units​ (SBUs)
C. Market development strategies
D. Strategic plan
E. Diversification strategies

Answer 1

Answer:

B. Strategic business units​ (SBUs)

Explanation:

A strategic business unit, popularly known as SBU, is a fully-functional unit of a business that has its own vision and direction. Typically, a strategic business unit operates as a separate unit, but it is also an important part of the company. It reports to the headquarters about its operational status.