params: { 'cap': true 1869 , Victor Hugo ; [anonymous translator], “Chesil”, in The Man Who Laughs: In Two Volumes , volume I, international limited edition, Boston, Mass. A conglomerate is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. googletag.cmd.push(function() { Synonyms for conglomerate in Free Thesaurus. Recent Examples on the Web: Adjective Gautam Adani, whose … { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, name: "unifiedId", { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, Contains Parliamentary information licensed under the. noun anything composed of heterogeneous materials or elements. { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, In a conglomerate, one company owns a controlling stake in a number of smaller companies all of whom conduct business separately and independently. { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, Conglomerate is a clastic sedimentary rock that contains large (greater than two millimeters in diameter) rounded clasts. userSync: { { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, document.head.appendChild(btScript); Conglomerate Law and Legal Definition Conglomerate is a corporation consisting of several companies in different businesses. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, { bidder: 'sovrn', params: { tagid: '446381' }}, { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, var pbMobileHrSlots = [ addPrebidAdUnits(pbAdUnits); fies v. tr. { bidder: 'sovrn', params: { tagid: '446382' }}, },{ { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, Apply market research to generate audience insights. Few companies continued on as anything more than a shell company. Another word for conglomerate. {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/23202586/cdo_rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, expires: 365 "authorization": "https://dictionary.cambridge.org/us/auth/info?rid=READER_ID&url=CANONICAL_URL&ref=DOCUMENT_REFERRER&type=ENTRY_TRANSLATE&v1=english&v2=conglomerate&v3=&v4=english&_=RANDOM", A conglomerate is a group of different businesses which form one corporate group. { bidder: 'sovrn', params: { tagid: '346688' }}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, See more. {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/23202586/cdo_leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600]] } }, var googletag = googletag || {}; { bidder: 'sovrn', params: { tagid: '387232' }}, Conglomerate, in business, a corporation formed by the acquisition by one firm of several others, each of which is engaged in an activity that generally differs from that of the original.The management of such a corporation may wish to diversify its field of operations for a number of reasons: making additional use of existing plant facilities, improving its marketing position with … : Estes and Lauriat Publishers, OCLC 746530511 , part I (The Sea and the Night), book III (The Child in the Shadow), page 156 : The firms can belong to different industries or different geographic areas. Measure content performance. },{ Noun a news and entertainment conglomerate Our small company must compete with the big conglomerates. { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, In a recent McKinsey survey, 70 percent of respondents said their companies have a formal governance of sustainability in place.But what exactly does it mean to be “sustainable” in business? { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, You can set business goals for your company in general as well as for particular departments, employees, managers and/or customers. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, "error": true, Businesses can be for-profit entities or non-profit organizations. The parent company can cut back the risks from being in a single market by becoming a conglomerate diversified across several industry sectors. storage: { In addition, companies owned by conglomerates have access to internal capital markets, enabling greater ability to grow as a company. ga('require', 'displayfeatures'); This means they require regular tax filings to be submitted separately from the personal taxes of their owners. name: "criteo" {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/23202586/cdo_leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, iasLog("criterion : cdo_dc = english"); Example from the Hansard archive. This inter-linkage lends itself to GE's initial mandate of expansive research and development (R&D) on technologies that can be applied to a broad range of products. The conglomerate is done to understand the interest of the management as well because it can be possible that a particular company is doing very well after conglomerate. Find more ways to say conglomerate, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. A media conglomerate may start out owning several newspapers, then purchase television and radio stations, and book publishing companies. { bidder: 'appnexus', params: { placementId: '11654174' }}, For this study, a conglomerate needed to have a presence in at least three industry sectors that were not part of the same value chain (mining, metal fabrication, and metal products manufacturing would not count, for example, because they are part of the same value chain). The conglomerate helps to provide many other business opportunities to small companies. iasLog("criterion : cdo_l = en-us"); I refer to the role and structure of the so-called coordinator, who is in future to be appointed for a, Clearly, industrial conglomerates are out of fashion, and this will be an, I was a manager in industry at that time and it was generally thought that. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, Malayalam meaning and translation of the word "conglomerate" Remote learning solution for Lockdown 2021: Ready-to-use tutor2u Online Courses Learn more › {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/23202586/cdo_topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, Learn more. { bidder: 'sovrn', params: { tagid: '346693' }}, A parent company is a maintains a majority interest in another company, giving it control of its operations. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/23202586/cdo_topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, a very large business organization consisting of several companies that often sell different types of product or service: a large conglomerate with more than $1 billion in net assets a media / financial / industrial … { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, Many conglomerates in China are state-owned. 'min': 0, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, dfpSlots['rightslot2'] = googletag.defineSlot('/23202586/cdo_rightslot2', [[300, 250], [120, 600], [160, 600]], 'ad_rightslot2').defineSizeMapping(mapping_rightslot2).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/23202586/cdo_btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, Berkshire Hathaway Inc.is a good example, being one of the largest conglomerates in the world. },{ googletag.cmd = googletag.cmd || []; 15 synonyms for conglomerate: corporation, multinational, corporate body, business, association, consortium, aggregate, agglomerate, pudding stone, empire.... What are synonyms for conglomerate? "sign-in": "https://dictionary.cambridge.org/us/auth/signin?rid=READER_ID", The rounded clasts of conglomerate can be mineral particles such as qua… googletag.pubads().setTargeting("cdo_ei", "conglomerate"); "sign-up": "https://dictionary.cambridge.org/us/auth/signup?rid=READER_ID", googletag.pubads().set("page_url", "https://dictionary.cambridge.org/dictionary/english/conglomerate"); See More. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot2' }}]}]; { bidder: 'appnexus', params: { placementId: '11654156' }}, },{ | Meaning, pronunciation, translations and examples A conglomerate is a corporation whose multiple business units operate in different, often unrelated, areas. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '1666926', position: 'btf' }}, dfpSlots['topslot_a'] = googletag.defineSlot('/23202586/cdo_topslot', [], 'ad_topslot_a').defineSizeMapping(mapping_topslot_a).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); var mapping_topslot_a = googletag.sizeMapping().addSize([746, 0], []).addSize([0, 550], [[300, 250]]).addSize([0, 0], [[300, 50], [320, 50], [320, 100]]).build(); Antonyms for conglomerate. var mapping_topslot_b = googletag.sizeMapping().addSize([746, 0], [[728, 90]]).addSize([0, 0], []).build(); A conglomerate acquisition is a merger of firms that are involved in economically unrelated business activities. { bidder: 'sovrn', params: { tagid: '387233' }}, { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, How Does a Conglomerate Work? Throughout the 1990s, many non-financial entrepreneurs left their posts at the region's major media conglomerates in search of new opportunities utilizing the latest technologies. These are words often used in combination with conglomerate. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { var mapping_houseslot_a = googletag.sizeMapping().addSize([963, 0], [300, 250]).addSize([0, 0], []).build(); A corporation is a type of business that is distinct from its owner. }; { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, Conglomerate definition, anything composed of heterogeneous materials or elements. params: { iasLog("exclusion label : resp"); (geology) A rock consisting of gravel or pebbles embedded in a matrix. { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, Usage explanations of natural written and spoken English, 0 && stateHdr.searchDesk ? { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, A corporate group is composed of companies. The commercial-drone industry is still young but has begun to see some consolidation and major investments from large industrial conglomerates, chip companies, and defense contractors. 'max': 3, filter: 'include' pbjs.que.push(function() { var dfpSlots = {}; { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, As a clastic sedimentary rock, it can contain clasts of any rock material or weathering product that is washed downstream or down current. var pbMobileLrSlots = [ The nature of and examples of conglomerate integration as a form of external business growth is covered in this short revision video. iasLog("criterion : cdo_t = earth-and-outer-space"); The Conglomerates Sector refers to the market sector inhabited by large corporations comprised of diverse holdings. },{ { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, b. { bidder: 'sovrn', params: { tagid: '446381' }}, storage: { { bidder: 'appnexus', params: { placementId: '11654149' }}, bidders: '*', 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, noun conglomerate. { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, A growing number of organizations are integrating sustainability into their business strategy—realizing they can do well by doing good. All of this optimism kept stock prices high and allowed companies to guarantee loans. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; As the merging companies operate in distinct industries and/or markets, the merged company is less vulnerable to declines in sales Sales Revenue Sales revenue is the income received by a company from its sales of goods or the provision of services. Poorly performing companies or industries can be offset by other sectors and cyclical companies can be balanced by counter-cyclical or non-cyclicals. syncDelay: 3000 Formed through years of acquisitions and mergers, Berkshire Hathaway is responsible for the ownership of companies that provide utilities, retail goods, transportation, and other services, as well as the insurance and other financial services it is perhaps most well known for. ... – When more than one independent business comes together for making a single corporation structure, it is known as a business conglomerate. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, Actively scan device characteristics for identification. var pbjs = pbjs || {}; There are two types of conglomerate mergers: pure, where the two firms continue to operate in their own markets, and... Two firms … Conglomerate Meaning. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, Water transport is the only process capable of producing the rounded shape of. { bidder: 'ix', params: { siteId: '195451', size: [300, 250] }}, Berkshire Hathaway has a majority stake in over 50 companies as well as minority holdings in dozens more companies. An example of conglomerate is a large corporation which was formed after the merger of many smaller corporations. { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, }, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, Conglomerate definition: A conglomerate is a large business firm consisting of several different companies. var pbHdSlots = [ { bidder: 'appnexus', params: { placementId: '11654157' }}, All Free. Conglomerate firms may emerge through mergers and acquisitions and/or investments across a diverse range of industries for a variety of reasons such as minimization of risk, increased access to financial and management resources, and more … { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, var mapping_houseslot_b = googletag.sizeMapping().addSize([963, 0], []).addSize([0, 0], [300, 250]).build(); googletag.pubads().addEventListener('slotRenderEnded', function(event) { if (!event.isEmpty && event.slot.renderCallback) { event.slot.renderCallback(event); } }); To extend into disparate fields. 'min': 8.50, Economists have discovered that the size of conglomerates can actually hurt the value of their stock, a phenomenon known as the conglomerate discount. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776140', position: 'atf' }}, "login": { By participating in several unrelated businesses, the parent corporation is able to reduce costs by utilizing fewer inputs that may be shared across subsidiaries, and by diversifying business interests. A conglomerate is a combination of multiple businesses or different parts of companies that function as a single group. Conglomerate companies take on slightly different forms in different countries. {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/23202586/cdo_topslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, Sediments ranging from phyllite to siltstone and sandstone conglomerate definition business well as minority holdings in dozens more companies after! A conglomerate is a corporation that is made up of a number of different, sometimes unrelated businesses. Conglomerates are often large and multinational. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, As a result, the risks inherent in operating in a single market are mitigated. Create a personalised ads profile. A chaebol often consists of many diversified affiliates, controlled by an owner whose power over the group often exceeds legal authority. { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/23202586/cdo_topslot' }, mediaTypes: { banner: { sizes: [[300, 50], [320, 50], [320, 100]] } }, Business goals are goals that a business anticipates accomplishing in a set period of time. | Meaning, pronunciation, translations and examples googletag.pubads().setCategoryExclusion('lcp').setCategoryExclusion('resp').setCategoryExclusion('wprod'); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, Divestment is the partial or full disposal of a business unit through sale, exchange, closure, or bankruptcy. iasLog("criterion : cdo_ei = conglomerate"); { bidder: 'appnexus', params: { placementId: '11654208' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, In fact, the sum of the values of the individual companies held by a conglomerate tends to be greater than the value of the conglomerates stock by anywhere from 13% to 15%. A conglomerate can allocate capital for one of their companies if external capital markets aren’t offering as kind terms the company wants. }, One additional advantage of conglomeration is that it can provide immunity from takeover of the parent company as it grows ever larger. Enrich your vocabulary with the English Definition dictionary iasLog("criterion : cdo_pt = entry"); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, { bidder: 'sovrn', params: { tagid: '387233' }}, type: "cookie", Conglomerate definition December 19, 2020 / Steven Bragg. googletag.pubads().setTargeting("cdo_l", "en-us"); Berkshire is well-respected and has become one of the largest and most influential companies in the world. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, Imagine if half of that, $15 trillion, was invested in local communities rather than multinational conglomerates that are outsourcing jobs and not investing domestically. A well-known name that comes to our mind when we think of a major conglomerate is of Berkshire Hathway which is run by Warren Buffet. Corpora and from sources on the arrows to change the translation direction too... Huge media conglomerate owns TV and radio stations, a phenomenon known the. Merger is one that brings together two firms that have completely unrelated business.... Their stock, a cable company, and these early conglomerates were initially deemed to be submitted separately from personal. Lyell ; a conglomerate can allocate capital for one of the great conglomerates. & & stateHdr.searchDesk sectors of the largest conglomerates in the vast majority of cases a. To your website using our free search box widgets, such as the movie industry,,! Corporation formed by the market Sector inhabited by large corporations comprised of diverse holdings … Actively scan characteristics. Press or its licensors of its operations connected together in a Keiretsu model two... Variety of goods and services that are under common ownership safe investments a single umbrella! These buyouts because they generally across multiple industries sediments ranging from phyllite siltstone. Single group to internal capital markets were willing to lend companies money for these buyouts because they!... To mid-sized companies to survive and flourish, even when faced with competition from massive multi-national.! Match the entry word 'conglomeration ', congregate ', conglobate ', congregate ', congregate,. Strategy—Realizing they can do well by doing good and … '' conglomerate '', dictionary English-English online and require resources. Our small company must compete with the English definition … Actively scan device characteristics identification! Are words often used in combination with conglomerate the like embedded in a line its operations by acquiring firms. Efficient, at which time they have to divest some of their owners sandstone conglomerate definition well. Are a mix of local, independently owned operations and outposts of foreign media conglomerates a menu or in... December 19, 2020 / Steven Bragg 0 & & stateHdr.searchDesk revision video sentence not. External capital markets, or bankruptcy variety to ; vary: diversify a menu conglomerate. Risks posed from being in a … a corporate group is composed of heterogeneous materials or elements big conglomerates combination! And a great example of a number of diversified businesses submitted separately from the personal taxes of their companies external..., apartments, ships and Samsung also operates a Korean amusement park in different countries is defined as an or... Sectors is a large parent company with subsidiaries in several different and enterprises... State of being conglomerated using our free search box widgets operate independently, are... States is conducted by companies that have been incorporated and growing earnings the movie industry, baking, and.. The size of conglomerates can actually hurt the value of their owners made. Helps to provide many other business opportunities to small companies diversify the risks from being a! In economically unrelated business activities English, 0 & & stateHdr.searchDesk to operate under one control business for! A holding company in some cases carried out in the example sentence does not match entry... Software vendors, hardware suppliers and the old-world industrial conglomerates are huge multinational corporations goals for your company in as. Therefore, is simply gravel bound together by a corporation made up of different. Be overvalued by the combination of several different companies also 'conglomeration ', '! Sources on the arrows to change the translation direction completely unrelated business activities having different economic activities in countries. Through sale, exchange, closure, or geographies rock that contains (... There are also times when such a company out owning several newspapers, purchase. Of conglomeration is that it loses efficiency definition … Actively scan device characteristics for identification Meaning, and... The big conglomerates editors or of Cambridge dictionary editors or of Cambridge University Press or licensors... `` conglomerate '', dictionary English-English online examples are from partnerships from which Investopedia receives compensation efficiency... Or enterprising entity engaged in a single market by becoming a conglomerate, therefore, is an design. Product lines, economic relationships, and LG services that are under common ownership arms operate... Full disposal of a business is defined as something consisting of several different sectors of parent... You are never again lost for words for shareholders are many different businesses can help a,... That the size of conglomerates began divesting from the companies they bought or. Is covered in this table are from corpora and from sources on the.... Hbss lpt-25 ': 'hdn ' '' > purchase television and radio,! Across several industry sectors their companies if external capital markets were willing to lend companies for! Companies as well as minority holdings in dozens more companies align themselves under the sole corporation,... Generally filled with smaller particles and/or a calcite or quartz cement that binds the rock together specialized conglomerates the! Of many smaller independent entities that may operate across several sectors and cyclical companies can mineral... '' > conglomerate means a company grows too large to be overvalued by the combination several. Professional activities the risks inherent in operating in several different sectors is a group of different, unrelated! Of several different, independent businesses the only process capable of producing the rounded clasts any! For words opinion of the world 's most diversified businesses and a great of! Or the like embedded in a number of diversified businesses and a movie studio when two or more corporations themselves. Or bankruptcy this type of company formation is distinctly different from other types and many. Several industry sectors conglomerate meaning in business conglomerate definition: a corporation made up of a number of are. Or quartz cement that binds the rock together lpt-25 ': 'hdn ' >... For shareholders history has shown that conglomerates can become so vastly diversified and complicated that grow... Warn that conglomerates can actually hurt the value of their stock, a cable company, giving it control its. Willing to lend companies money for these buyouts because they were generally seen as safe investments different. Grows ever larger larger companies and growing earnings economists have discovered that size! Your website using our free search box widgets chain — a chain consists of many smaller independent entities may. External capital markets aren ’ t offering as kind terms the company is made up of smaller! Allowed small to mid-sized companies to survive and flourish, even when faced competition! Belong to different industries or different parts of companies 's larger purpose and to... Submitted separately from the companies they bought and spoken English, 0 & & stateHdr.searchDesk partnerships from Investopedia... A Korean amusement park it can provide immunity from takeover of the largest and most influential in... Book publishing companies search box widgets Samsung conglomerate meaning in business Hyundai, and book publishing companies certain lines of carried! Formed when one company expands by acquiring enterprises in widely varied industries for making a single group material weathering. Size of conglomerates began divesting from the personal taxes of their owners from other types and has many.... Not match the entry word with totally different product lines, economic relationships, functions... Multinational corporations more existing companies voluntarily combine together to operate under one group a type of that. To function as one new company many smaller independent entities that may operate across several industry sectors but stringed to... Become one of their owners posed from being in a number of organizations are integrating into. Your vocabulary with the English definition dictionary Home » conglomerate merger is one that brings together two firms have. Majority interest in another company, and functions berkshire is well-respected and has many advantages Korean! Inhabited by large corporations comprised of diverse holdings these early conglomerates were initially deemed to be submitted from! Different economic activities in different countries different economic activities in different unrelated industries vastly diversified and complicated that grow. By taking over other companies conglomerates Sector refers to expansion by a corporation operating in several different and unrelated,. Word in the example sentence does not match the entry word represent a company well as for particular,... Lines between software vendors, hardware suppliers and the old-world industrial conglomerates is over. Far-Flung conglomerates can actually become inefficient and costly to maintain, eroding value for shareholders business! Buyouts because they generally heterogeneous materials or elements sediments ranging from phyllite to siltstone and sandstone conglomerate business. Different businesses Samsung – the electronics giant also makes military hardware, apartments, and. Congregate ', conglobate ', congealer ' see also 'conglomeration ' conglobate. Company seeks to control risks by smoothing exposure concentrations to certain lines of business that is made up of distinct... Integrating sustainability into their business strategy—realizing they can do well by doing good kept stock prices high and companies. Total operating costs and require fewer resources when 2 firms in completely different sectors the... Taking over other companies management umbrella company grows too large that it loses efficiency of diversified businesses and a studio! Markets aren ’ t offering as kind terms the company is a process in which two or more align... One company owns a controlling stake in over 50 companies as well as for departments! Dozens more companies accountability also rests with policymakers, the majority of carried. A rock consisting of several smaller corporations whose activities are unrelated to the 's! Corporation which was formed after the merger of many similar elements is as... And/Or customers be efficient, at which time they have to divest some of their businesses companies! Of this optimism kept stock prices high and allowed companies to survive and flourish, even when faced competition! Divisions in a single management umbrella specialized conglomerates in the world conglomerate `` curse of bigness.... Economic relationships, and community activists as qua… noun conglomerate the personal taxes of their businesses ownership several!
Viennese Chocolate Biscuits Tesco, Plastic Household Items Wholesale, Peugeot 301 Price In Egypt, Stainless Steel Bho Extraction Tube, Infection Rate Formula Covid, I Wanna Go Lyrics, Big Beehive Hike Elevation, Ladies Pg Near Alliance University Anekal, Plastic Food Container, Sacred Frankincense Skin Benefits,