Conglomerate

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Related to conglomeratic: Fanglomerate, orthoconglomerate

Conglomerate

A firm engaged in two or more unrelated businesses.

Conglomerate

A corporation that runs and manages many, unrelated businesses. The businesses are in different industries and generally have nothing at all to do with each other in terms of what products are produced. The theory behind a conglomerate states that the individual businesses can be managed at lower cost because they are able to pool resources while also reducing risks inherent to any particular industry. Conglomerates are not as popular in the United States as they once were because some became so complex, they were impossible to operate. See also: Keiretsu, Chaebol.

conglomerate

A company engaged in varied business operations, many of which seem unrelated. A conglomerate is designed to have reduced risk, since its various operations are affected differently by business conditions over time. In addition, it is possible for a conglomerate to redistribute its corporate assets depending on which operations show the most promise. Conglomerates were popular among investors during the 1960s but investors' interest in them faded during the 1970s and the 1980s.

Conglomerate.

A conglomerate is a corporation whose multiple business units operate in different, often unrelated, areas.

A conglomerate is generally formed when one company expands by acquiring other firms, which it brings together under a single management umbrella.

In some, but not all, cases, the formerly independent elements of the conglomerate retain their brand identities, though they are responsible to the conglomerate's management.

Some conglomerates are successful, with different parts of the whole contributing the lion's share of the profits in different phases of the economic cycle, offsetting weaker performance by other units.

Other conglomerates are never able to meld the parts into a functioning whole. In those cases, the parent company may sell or spin off various divisions into new independent companies.

References in periodicals archive ?
The sedimentary environment in which the remains of Gavialosuchus were recovered is associated with conglomeratic lithology that corresponds to facies of subaquatic fan deltas.
A4), where it attains a minimum thickness of 292 m and is coarser-grained and has multiple conglomeratic layers.
The Bakacak Formation is transgressively (Boztug 1992) overlain by grey-white, thick-bedded quartzite with conglomeratic horizons and represents the eastward extension of the Aydos Formation of the Istanbul area (Kaya 1978).
The upper units are typically conglomeratic with characteristics of fluvial deposition.
The Cerro Solo deposit is a sandstone-type uranium-molybdenum deposit with mineralized layers distributed in fluvial conglomeratic sandstone of the Cretaceous Chubut Group lying 50 to 130 metres ("m") below surface.
The trace fossils in the Scolicia ichnocoenosis are found in thin-to thick-bedded, channelized or, more commonly, non-channelized, turbiditic sandstones and mudstones, uncommonly conglomeratic (Pickerill et al.
In this work we provide a U-Pb zircon age from an igneous clast in the conglomeratic lower section of the Del Raton Formation, which establishes the maximum age of deposition, thus confirming the fossil-based age previously assigned to this formation and the start of synorogenic deposits of the Chanic orogeny in this region.
The appearance of light-coloured dolostones, of conglomeratic, microlaminated and cross-bedded interbeds, and increased input of silt- and sand-size quarts above this level suggest that the environment became well ventilated and deposition continued in relatively shallow-water conditions.
The Ulukisla oil shale deposit underlies conglomeratic rocks and the average thickness of the oil shale bed is 13 m.