Which of the following options best defines the term 'strategic business unit'?
A) A business unit which is distinguishable from other business units because it serves a defined external market in which management can conduct strategic planning in relation to products and markets
B) A functional area of a business, for example production, distribution or administration
C) A part of a business concerned with just one product or one market
D) A division of a large firm that operates in a manner very similar to other units within the firm, thus creating internal competition
Correct Answer:
Verified
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