Large Diversified companies
May consist of individual companies (e.g., see GE’s description on text page 49) and/or Strategic Business Units (SBUs)
It’s a part of a company having its own market (and competitors) which can be run almost as a separate business, e.g.; Saturn Corp. is an SBU of General Motors (GM)
Is TNB a large diversified company? (TNB SBUs = ?)