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A conglomerate is a large, multinational corporation comprised of multiple unrelated businesses operating in different industries that are combined under one parent company. Conglomerates can diversify their business risks across industries. Examples include Philips Electronics, Mitsubishi, and General Electric. A concern is a type of business group common in Europe made up of legally independent companies merged into a single economic entity with unified management. Strategic alliances involve agreements b

Author
Дарина
Language
EN