What is referred to as an autonomous group of individuals working towards common goals under a single management?

An autonomous group of individuals working towards common goals under a single management is accurately referred to as an organization. An organization is structured in a way that allows its members to collaborate and coordinate their efforts effectively to achieve specific objectives. This concept encompasses various forms of groups, such as companies, non-profits, or teams within a larger entity, where members have defined roles and responsibilities that contribute to the overall mission.

Organizations typically have established governance and management that guide their operations, decision-making, and strategic direction. This framework supports autonomy while ensuring that all members align with the collective goals, which is essential for the organization's success.

Other options mentioned do not capture the essence of being an autonomous group. A process refers to a series of actions or steps taken to achieve a particular end, which doesn’t imply a structured group working together. Objectives are the goals or targets that organizations aim for but do not define the group itself. Opportunity costs pertain to the potential benefits an individual misses out on when choosing one alternative over another, which is unrelated to the concept of a group working together under management.