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conglomerate, in business, a corporation formed by the acquisition by one firm of several others, each of which is engaged in an activity that generally differs from that of the original. The management of such a corporation may wish to diversify its field of operations for a number of reasons:
Dec 28, 2022 · A conglomerate is the combination of two or more business entities engaged in either entirely different or similar businesses that fall under one corporate...
Dec 19, 2021 · Conglomerates are companies that either partially or fully own a number of other companies. Conglomerates offer diversification whereby if one subsidiary suffers, it can be...
Jul 28, 2021 · Written by MasterClass. Last updated: Jul 28, 2021 • 3 min read. A conglomerate business consists of a parent company that owns a series of diversified, smaller companies. These businesses are typically large which enables them to diversify across industries and mitigate risk.
A conglomerate is one very large corporation or company, composed of several combined companies, that is formed by either takeovers or mergers. In most cases, a conglomerate supplies a variety of goods and services that are not necessarily related to one another.
Oct 1, 2019 · Written By. InvestingAnswers Expert. Updated October 1, 2019. What is a Conglomerate? A conglomerate is a corporation made up of several smaller, independently-run companies which may operate across several sectors and industries. How Does a Conglomerate Work?
Apr 18, 2024 · A conglomerate in business terminology is a company that owns a group of subsidiaries conducting business separately, often in distinct industries. It reflects diversification of operations, product line and market to allow business expansion.
