A ________ represents a single business that formulates its own competitive strategy.

Question

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A Strategic Business Unit (SBU) represents a single business that formulates its own competitive strategy. SBUs are a key component of corporate-level strategy, which involves deciding which businesses a company should be in and how to allocate resources between them. Business-level strategy involves deciding how a single business will compete in its industry, and functional business units are departments within a single business that deal with specific functions such as marketing or finance. Systems-level strategy is not a commonly used term in strategic management.

A ________ Represents a Single Business That Formulates Its Own