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. 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. 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 […] Conglomerates are often large and multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, spin-offs, or joint ventures.
