A conglomerate is a giant corporation that is composed of many smaller corporations. These smaller corporations can be in different industries and can have different products and services. The conglomerate usually controls these smaller corporations through its ownership of their stocks, and may have a diverse range of businesses in its portfolio.

Solved

A Conglomerate Is

Question 82

Multiple Choice

A conglomerate is

A) a giant corporation composed of many smaller corporations.
B) a corporation in the manufacturing sector.
C) a corporation engaged in both legal and illegal activity.
D) any company that completely dominates a market.

Correct Answer: