Large business combinations in Japan normally carried out through reciprocal ownership of common stock these networks, or keiretsu involve a large number of diversified companies centered around a large bank, industrial firm or trading firm. One of the main benefits of this structure is argued to be
a. the monopolistic control of economics segments
b. the reduction of financial distress costs
c. large scale diversification that cannot be done by individual shareholders
d. greater efficiency in management because the management skills are homogeneous even for