Question

Bates Inc. is an enterprise comprising three parts. Its biotech section, which is working to develop crops that are pest and disease resistant, provides about half of its sales. Pharmaceuticals from its B.D. Feller subsidiary contribute a third of its revenues; and food products, dominated by the artificial sweetener NutroSweet, make up less than 15 percent of its total revenue. These three divisions represent Bates' ________.

Answer 1

Strategic business units.

Step-by-step explanation:

In this scenario, Bates Inc. is an enterprise comprising three parts. Its biotech section, which is working to develop crops that are pest and disease resistant, provides about half of its sales. Pharmaceuticals from its B.D. Feller subsidiary contribute a third of its revenues; and food products, dominated by the artificial sweetener NutroSweet, make up less than 15 percent of its total revenue. These three divisions represent Bates' strategic business units.

A strategic business unit can be defined as the fully functional and autonomous unit of a business entity or firm, which is typically being operated independently and is saddled with the responsibility of producing a unique range of products and services.

This ultimately implies that, a strategic business unit has its own objectives, vision, mission, goals and direction.