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the definition is: the joining of companies, in completely unrelated products.
A simple example would be, a clothing company, like Aeropostale joining a company that sells jewelry, like Kay Jewelers.
That is not the answer!!!!
The real answer for the definition is
Conglomerate:
Is a giant corporation composed of many smaller corporations.
The first is actually the real answer.
A conglomerate is a combination of two or more corporations engaged in entirely different businesses. It's usually made up of a parent company and many subsidiaries.
you guys are getting a bit mixed up... below is the proper definition
A corporation that is made up of a number of different, seemingly unrelated businesses. In a conglomerate, one company owns a controlling stake in a number of smaller companies, which conduct business separately. Each of a conglomerate's subsidiary businesses runs independently of the other business divisions, but the subsidiaries' management reports to senior management at the parent company.
The largest conglomerates diversify business risk by participating in a number of different markets, although some conglomerates elect to participate in a single industry - for example, mining.
What else can I help you with?
Which company is a conglomerate merger?
A conglomerate merger is one between two strategically unrelated firms from which economic benefits is not possible for the bidder or the target. The merger between Walt Disney Company and American Broadcasting Company is a conglomerate merger.
What are the examples of pure conglomerate merger?
A pure conglomerate merger occurs when two companies from completely unrelated industries combine, aiming to diversify their business operations and reduce risk. Examples include the merger of General Electric, which operates in various sectors like aviation and healthcare, with NBC, a media company, in the late 20th century. Another example is the merger between the food company Kraft and the tobacco giant Philip Morris, which created Kraft Foods, diversifying into an entirely different market.
When a merger of firms in a variety of different industries is called a?
When a merger of firms in a variety of different industries occurs, it is called a "conglomerate merger." This type of merger involves companies that operate in unrelated business sectors, allowing for diversification of products and markets. Conglomerate mergers can help firms reduce risk by spreading their investments across different industries.
Explain the types of merger with suitable examples?
Mergers can be classified into several types, including horizontal, vertical, and conglomerate mergers. A horizontal merger occurs between companies in the same industry at the same stage of production, such as the merger of two airlines like American Airlines and US Airways. A vertical merger involves companies at different stages of production within the same industry, such as a car manufacturer acquiring a parts supplier. Conglomerate mergers occur between companies in unrelated businesses, like the merger between Disney and Pixar, which brought together entertainment and animation but were not directly competitive.
What has the author Wayne I Boucher written?
Wayne I. Boucher has written: 'Spinoza' 'The process of conglomerate mergers' -- subject(s): Conglomerate corporations, Consolidation and merger of corporations
What are the conglomerate organizations?
General Electric and United Technologies are examples of conglomerate corporations.
What is a merger that combines more than three businesses that make unrelated products called?
conglomerate merges
How do conglomerates and vertical mergers differ frim horizontal mergers?
Conglomerate is a merger between firms that are involved in totally unrelated business activities. A vertical merger is a merger between firms that exist in the same supply chain, while a horizontal merger is a merger between firms in the same industry.
Is conglomerate a mixture or solution?
A solution refers to the merger of either two liquids or a solid and a liquid to form a unified liquid that cannot be mechanically separated. As such, conglomerate rock is a mixture and not a solution.
What are Advantages and disadvantages of conglomerate merger?
disadvantages- unlikely economic benefits will be generated for the target or the bidder advantages- diversification
What is the difference between horizontal merger and a vertical merger?
Horizontal Merger A horizontal merger is a merger between two competitors. Suppose, for example, that tomorrow Nokia were to buy Sony ericsson. This would be a horizontal merger. Vertical Merger A vertical merger occurs when a supplier buys a reseller, or vice versa. The key point is that the two companies have a buyer-seller relationship. Suppose that a food retailer purchased a company that manufactures food. This would be a vertical merger. Or, suppose that a pharmaceutical company acquired a drugstore chain. Vertical mergers are more likely to be approved by regulatory authorities. Consumers can benefit from the increased efficiencies that result from supply chain integration--- often in the form of lower prices and/or better service. Conglomerate Merger A conglomerate merger is a union of two companies that a.) are not competitors, and b.) not part of the same supply chain. If Oracle were to purchase a fast food chain, this would be a conglomerate merger. Software has no relationship to fast food; fast food has no connection to software (other than providing sustenance for programmers who work long hours.)
Conglomerate and sandstone are examples of what kind of rocks?
Sedimentary
