Chapter 5 page 59

4 1 0
                                    

Chapter 5 : building up a conglomerate

A conglomerate is a corporation of several different, sometimes unrelated, businesses. .

In a conglomerate one company controls stake of other companies.

Conglomerates often diversify business risk by participating in many different markets, although some conglomerates elect to participate in a single-sector.

In a conglomerate one large company controls smaller companies

Business warWhere stories live. Discover now