One of the reasons that Asian conglomerate business groups continue to grow and those in the United States are seen to be unfocused and unlikely to succeed is that
A. Asian conglomerates are made up of a set of legally separate corporations, each with its own board of directors and shareholders.
B. Asian conglomerates have a single corporation with a wide set of wholly owned subsidiaries.
C. U.S. conglomerates are made up of a set of legally separate corporations, each with its own board of directors and shareholders.
D. Asian conglomerates are structured similarly to those in the United States and Europe.
Answer: A
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