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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.

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BettyBot

7mo 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.


What is the difference between corporation and nonprofit corporation?

A corporation such as Microsoft tries to make as much profit as possible where as a non profit Corporation such as a hospital isn't looking to make money


What is the major difference between a corporation and other kinds of businesses?

A corporation has a separate legal entity apart from that of the owners and workers.


Distinguish between a holding company a conglomerate and a multinational company?

Typically if a company is one it's the othere two as well but they don't have to be all of them. A holding company is a company that owns part of the stocks in another company, while conglomerates are multiple companies that have become fully fused together. multinational just means the company is based in multiple nations


Distinguish between holding company multinational company and conglomerate company?

Typically if a company is one it's the othere two as well but they don't have to be all of them. A holding company is a company that owns part of the stocks in another company, while conglomerates are multiple companies that have become fully fused together. multinational just means the company is based in multiple nations

Related Questions

What is the difference between conglomerate and corporation?

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.


What is the difference between multinational corporation and ordinary corporation?

One operates within one country, while the multinational is based in two or more.


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TJX is a multinational off-price department store corporation, while Tij is not a known entity or company.


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Conglomerate can include much larger clasts of rock.


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A multinational corporation (MNC) is a type of non-governmental organization (NGO) that works for a profit and originates from one country, identifying itself with one national income.


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Multinational is an organization between two or more countries while international organization for all countries such as The United Nations.


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