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One person is able to own a conglomerate company if he or she has the money to buy and maintain it.

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10y ago

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What is the difference between a holding company a conglomerates company and a multinational company?

A holding company primarily exists to own shares in other companies, allowing it to control them without engaging directly in their operations. A conglomerate is a large corporation that owns a diverse range of businesses across different industries, often to mitigate risk and enhance profitability. A multinational company operates in multiple countries, conducting business and managing production or services across various national borders. While a holding company may be part of a conglomerate, and a multinational can be a conglomerate, each serves distinct functions in the business landscape.


Can a person own 2 companies?

Yes. I own a publishing company and a cleaning company. Both are sole-proprietorships in my name.


What do you call a company that is owned by one person?

Such Company is known as one person Company(OPC) or sole proprietorship.


What is A large business organization that consist of a number of company that deal with a variety of different business or commercial activities?

It's a Conglomerate or Holding company.


What is the difference between conglomerate and multinational corporation?

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.

Related Questions

Can a oil and gas company become apart of a conglomerate company?

An oil and gas company can become part of a conglomerate by being purchased by the conglomerate.


How to start a oil and gas company Can an oil and gas company become a part of a conglomerate company?

Yes, an oil and gas company can be part of a conglomerate.


What is the primary company in a conglomerate referred to as?

parent company


Is larsen and turbo a conglomerate company?

yes larsen and turbo is a conglomerate vompa ny


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 is a multinational conglomerate?

A company or firm that has branches all over the world (multinational) and provide a mixture of services (conglomerate).


Is a multinationals a conglomerate?

A company or firm that has branches all over the world (multinational) and provide a mixture of services (conglomerate).


What is multinational conglomerate?

A company or firm that has branches all over the world (multinational) and provide a mixture of services (conglomerate).


Is Unilever a conglomerate business?

A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure (a corporate group), usually involving a parent company and several (or many) subsidiaries. Often, a conglomerate is a multi-industry company. Conglomerates are often large and multinational. By this definition of conglomerate (and i think the only definition) unilever is a conglomerate


What does a person who buys a stock own?

They own a share of a company.


What does conglomerate mean?

A conglomerate is a company that owns many different types of businesses.


Does China own Budweiser?

No. They are owned by a Belgian conglomerate