Disadvantages of conglomerate
- Extra layer of management increase cost
- Lack of transparency
- Differences of Culture among companies bought may lead to its downfall
- Companies may be bought at low price
- Inability to manage unrelated business
- Brand dilution
- Fall of stock value
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Business war
RandomShort summary The book is based mainly on business perspective which shows how people struggle to build their business and how they struggle to keep their business standing until they can live the legacy of their business It also helps various star...
