Which of the following terms refers to a self-contained business within a company with its own functional departments and accounting systems?
A) subsidiary
B) product division
C) corporate division
D) strategic business unit

Question

Quizplus · Accepted Answer

A strategic business unit (SBU) is a self-contained business within a larger company, with its own functional departments and accounting system. It operates independently with a specific focus on a particular market segment, product or service, and has its own strategy and performance goals. A subsidiary is a company owned or controlled by another company, a product division is a category of products within a company, and a corporate division is a unit within the company responsible for a specific function (e.g. finance, marketing).

Which of the Following Terms Refers to a Self-Contained Business