Large, diversified firms often face higher bureaucratic costs. What is one of the causes of such costs?
a. Business units in diversified firms are less flexible to changes in the industry than similar, independent units
b. Diversified corporations use profits from businesses in growing industries to rescue their businesses in declining industries
c. Underperforming business units in diversified firms feel less pressure to reform than similar, independent units
d. Diversified corporations combine businesses from different industries and are therefore riskier than similar, independent businesses