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  2. A conglomerate is a corporation made up of several different, independent businesses. In a conglomerate, one company owns a controlling stake in smaller companies that each conduct business operations separately.
    www.investopedia.com/terms/c/conglomerate.asp
    www.investopedia.com/terms/c/conglomerate.asp
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    What is a conglomerate company?A conglomerate is a corporation of several different, sometimes unrelated, businesses. In a conglomerate, one company owns a controlling stake in several smaller companies, conducting business separately and independently.
    What does conglomeration mean?Conglomeration describes the process by which a conglomerate is created, as when a parent company begins to acquire subsidiaries. Sometimes conglomeration can refer to a time period when many conglomerates are formed simultaneously.
    What is the difference between a conglomerate and a corporation?For example, a conglomerate can own businesses operating in various fields such as the financial sector, consumer goods, electronics, manufacturing, and other sectors. On the other hand, most corporations tend to focus on their core business and expand business operations in ancillary and related markets.
    What is a conglomerate & how does it work?A conglomerate is a large corporation comprising diverse companies operating in various industries under one umbrella. Unlike focused firms that stick to one line of business, conglomerates spread their wings across multiple sectors, including everything from manufacturing to media.
     
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