One of the divisions of Procter & Gamble (P&G) manufactures and markets health and beauty aids.It handles products like Olay lotions and Old Spice fragrances.This part of the business has its own accounting,engineering,manufacturing,and marketing departments,separate from the rest of the organization.This division also has its own mission statement,target markets,and planning committees.This segment of P&G would be termed a:
A) product market niche
B) diversified division
C) heterogeneous element
D) strategic alliance
E) strategic business unit
Correct Answer:
Verified
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