A __________ is a firm that consists of distinct companies that have little or no relation to each other in terms of goods, services, or customers served.
A) megabusiness
B) limited partnership
C) concentric company
D) conglomerate

Question

Quizplus · Accepted Answer

A conglomerate is a large corporation composed of diverse companies operating in various industries, which are usually unrelated to each other. This structure allows the corporation to reduce risks by diversifying its investments and operations.

A __________ Is a Firm That Consists of Distinct Companies