WordUpWordup

Conglomerate

usgb/kənˈɡlɑːmərət/Volume
Left Definition 1 of 3Right
LampPro Tip 1/3
Business StructurePlay
Understanding a conglomerate helps grasp how varied businesses form a single corporation under one management. SlideEach brand within the conglomerate operates independently, yet they share a common corporate structure.
LampPro Tip 2/3
Market PresencePlay
A conglomerate usually has a widespread market presence and might seem omnipresent. SlideThe conglomerate's products range from electronics to insurance, dominating various market sectors.
LampPro Tip 3/3
Diverse PortfoliosPlay
Conglomerates often have a diverse portfolio, reducing business risk across different industries. SlideDespite the tech industry's downturn, the conglomerate's investment in healthcare kept its profits stable.