A. collateral
B. coalition
C. conglomerate
D. None of the above
✅ The correct answer is option C.
The company that has acquired interest in different industries by taking over or merging with other companies, is called conglomerate. A conglomerate company is a combination of two or more companies running a totally different businesses and united under a one corporate group. This is structured as a main company and several subsidiaries. A conglomerate company Conglomerates are often large and multinational.
The company that has acquired interest in different industries by taking over or merging with other companies, is called conglomerate. A conglomerate company is a combination of two or more companies running a totally different businesses and united under a one corporate group. This is structured as a main company and several subsidiaries. A conglomerate company Conglomerates are often large and multinational.