A(n) _____ is a corporation that owns a collection of companies in different industries.

Question

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A conglomerate is a corporation that owns a collection of companies in different industries. These companies are often subsidiaries of the conglomerate but may also be independently operated. Conglomerates typically have diversified business interests and may operate in a wide range of industries, such as technology, finance, manufacturing, and retail. Keiretsu is a type of Japanese business group that includes companies with interlocking business relationships, while a subsidiary is a company that is owned or controlled by another company. Associate companies and cohorts are not typically used to describe corporations that own a collection of companies in different industries.

A(n) _____ Is a Corporation That Owns a Collection of Companies