asked 7.1k views
3 votes
What is a company that owns several companies that produce unrelated goods known as

2 Answers

3 votes
I'm not so sure about this one.. but i believe it's called Conglomerate.
7 votes

Answer:

Conglomerate, is the right answer.

Step-by-step explanation:

A conglomerate is an aggregate of various business entities engaging in completely different enterprises under one corporate organisation, generally including a parent company and various subsidiaries. Usually, a conglomerate is a multi-industry organisation. Conglomerates were common in the decade of 1960 due to an aggregate of low-interest charges and a perpetual bear-bull business, which provided the conglomerates to acquire businesses in leveraged buyouts, seldom at tentatively decreased expenses.

answered
User IdeoREX
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.