- Examples
Conglomerates can be found in industries like manufacturing, media, or food. A media conglomerate may own several newspapers, and move to purchase television a… See more
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- A conglomerate in business is a corporation made up of several different, independent businesses12345. Here are some key points:
- One company owns a controlling stake in smaller companies that each conduct business operations separately.
- Conglomerates can be created through mergers or acquisitions.
- They can be multi-industry, large, and multinational.
- Unlike focused firms, conglomerates operate in various sectors.
- Each company within a conglomerate operates independently.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A conglomerate is a corporation made up of several different, independent businesses. In a conglomerate, one company owns a controlling stake in smaller companies that each conduct business operations separately. Conglomerates can be created through mergers or acquisitions.www.investopedia.com/terms/c/conglomerate.aspA conglomerate is the combination of two or more business entities engaged in either entirely different or similar businesses that fall under one corporate group, usually involving a parent company and many subsidiaries. Often, a conglomerate is a multi-industry company and is often large and multinational.www.investopedia.com/terms/c/conglomeration.aspconglomerate, 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.www.britannica.com/money/conglomerate-businessA conglomerate is a large corporation comprising diverse companies operating in various industries under one umbrella. Unlike focused firms that stick to one line of business, conglomerates spread their wings across multiple sectors, including everything from manufacturing to media.www.fool.com/terms/c/conglomerate/A conglomerate is a corporation that includes a parent company that oversees many smaller businesses. The parent company in a conglomerate oversees the operations of the smaller businesses, but each company operates independently. Conglomerates have many benefits, including decreasing risk for the parent company and increased collaboration.www.indeed.com/career-advice/career-developme… - People also ask
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