Chrysler has a financial unit that is responsible for vehicle leases to consumers. it has a distinct mission, control over its resources, and plans independent of the other divisions of chrysler. this financial unit is an example of a (n) :

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Business

Alina Hawkins

17 September, 08:21

Chrysler has a financial unit that is responsible for vehicle leases to consumers. it has a distinct mission, control over its resources, and plans independent of the other divisions of chrysler. this financial unit is an example of a (n) :

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Anabel Waller · Answer 1

This financial unit is an example of a "strategic business unit".

Strategic Business Unit (SBU) suggests an independently managed division of an extensive organization, having its own vision, mission and goals, whose arranging is done independently from different organizations of the organization. The vision, mission and destinations of the division are both particular from the parent enterprise and essential to the long term execution of the enterprise.

The structure of Strategic Business Unit comprise of working units; wherein the units fill in as a self-ruling business.