What is conglomerate?

[Shalini.s]

Explanation: It is a corporation that is made up of a number of different companies.

statement formation: <i>A major backer for one billion holding investment is a Chinese conglomerate active in energy sector</i>

 

 

[JOHN]

A Conglomerate, is a large corporation run as a single business, but made up of several firms (acquired through mergers or takeovers) supplying diverse goods/services.

Eg and Statement Formation:

Samsung is a large multi-national conglomerate supplying differentiated products all over the world under one name. 

[nishat Parveen]

India has created some of the large conglomerates such as larsen n toubro,reliance industries,sahara india,mahindra group,bharthi enterprises

[boutha priya]

A conglomerate is the combination of two or more corporations engaged in entirely different businesses that fall 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.

[Indhumathi v]

A corporation that runs and manages many unrelated businesses.  The businesses in different industries and generally have nothing at all to do with each other in terms of what products are produced.

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