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A conglomerate is a corporation of several different, independent businesses owned by one company. Learn how conglomerates are created, their advantages and disadvantages, and some famous examples of conglomerates. Learn the meaning of conglomerate as an adjective, verb, and noun, with synonyms, examples, and word history. Find out how conglomerate can refer to a rock, a corporation, or a gathering of people. The term Conglomerate is a core concept under business. Get to know the definition of Conglomerate , what it is, the advantages, and the latest trends here. A conglomerate is a large corporation that owns a collection of different companies operating in various industries. These subsidiary companies are often unrelated, meaning they do not produce similar products or services. The purpose of a conglomerate is to diversify business operations and reduce risk by spreading investments across different markets. Key Characteristics of Conglomerates […]
