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Yes, Amazon is considered a conglomerate due to its diverse range of businesses and investments across various sectors. Initially focused on e-commerce, it has expanded into cloud computing (Amazon Web Services), digital streaming (Amazon Prime Video), Artificial Intelligence, and even grocery retail (Whole Foods Market). This diversification allows Amazon to leverage synergies between its different business units while mitigating risks associated with reliance on a single market.

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3d ago

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Related Questions

How is conglomerate?

conglomerate is a sedimentary rock


How is meta conglomerate different from conglomerate?

A meta-conglomerate is a large corporation made up of multiple conglomerates and operating in diverse industries, while a conglomerate is a corporation that owns multiple smaller companies in different industries. Essentially, a meta-conglomerate is a conglomerate of conglomerates.


What is the Characteristics of Conglomerate corporation?

features of conglomerate


What does conglomerate form?

Conglomerate is a sedimentary rock.


What is conglomerate's nickname?

A conglomerate is often referred to simply as a "conglomerate."


What is the color of conglomerate?

Conglomerate is a whitish with grey rock.


What rock does conglomerate form?

Conglomerate is a sedimentary rock.


What rhymes with Conglomerate?

There are no perfect rhymes for the word conglomerate.


Does conglomerate react to acid?

No, conglomerate does not react to acid.


Were is conglomerate found?

you can find conglomerate around the world


Is conglomerate an igneous?

No. Conglomerate is a clastic sedimentary rock.


How is age of pebbles within a conglomerate related to the age of the conglomerate?

The age of pebbles within a conglomerate can provide a maximum age for the conglomerate itself, as the pebbles must be older than the conglomerate they are found in. However, the pebbles may not necessarily represent the exact age of the conglomerate, as they could have been eroded from older formations and incorporated into a younger conglomerate.