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13 March, 14:59

What is a conglomerate? (like business not rocks)

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  1. 13 March, 15:17
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    Large corporation run as a single business, but made up of several firms (acquired through mergers or takeovers) supplying diverse goods and/or services. Berkshire Hathaway Inc. is one of the biggest conglomerates in the world, with ownership of insurance, utilities, financial, and retail companies
  2. 13 March, 15:20
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    A conglomerate is the combination of two or more corporations operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Often, a conglomerate is a multi-industry company. Conglomerates are often large and multinational.
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