General Electric has classified its businesses into strategic business units.

Related MCQs

• Opportunities to build or acquire businesses that are related to current businesses:
• SBU (strategic business unit) is a unit that is usually responsible for its own budgeting, new product decisions, hiring decisions, and price setting.
• Which of the following defines what business or businesses the firm is in or should be in
• The purpose of identifying company's strategic business unit is:
• Opportunities to achieve further growth within current businesses are:
• Michael Porter has proposed generic strategies that provide a good starting point for strategic thinking.
• Formal systems are adopted to bring & amalgamation of decentralized units into product groups.
• Which of the following is not a characteristic of strategic Management?
• ------------ strategy occupies the highest level of strategic decision making and covers actions dealing with the objective of the firm, acquisition and allocation of resources and coordination of strategies of various SBUs for optimal performance.
• Which of the following is not a characteristic of strategic management that makes it different from other types of management?