What is the difference between conglomerate and multinational corporation?

Answer 1

Oh, dude, it's like this - a conglomerate is a big ol' company that owns a bunch of different businesses in different industries, kind of like a buffet of companies. A multinational corporation, on the other hand, is a company that operates in multiple countries, spreading its influence like a global spider. So, like, one's all about variety in industries, and the other's all about racking up those frequent flyer miles.

Answer 2

Well, darling, a conglomerate is a big ol' company that owns a bunch of different businesses in various industries, like a buffet of corporations. On the other hand, a multinational corporation is a company that operates in multiple countries, spreading its wings like a global eagle. So, in a nutshell, a conglomerate is like a mixed bag of goodies, while a multinational corporation is like a jet-setting business tycoon.

Answer 3

Ah, happy little question! A conglomerate is like a big family with different businesses under one roof, while a multinational corporation operates in multiple countries. Just like painting different landscapes, each has its own unique beauty and purpose. Remember, there are no mistakes, just happy accidents in understanding these concepts.

Answer 4

A conglomerate corporation is a corporation made up of a number of different companies that operate in diversified fields while a multinational corporation manages production or delivers services in more than one country. It can also be referred to as an international corporation. They are not precisely relevant to each other as a corporation may be both multinational and conglomerate.