What is an example of a conglomerate?
Examples of conglomerates are Berkshire Hathaway, Amazon, Alphabet, Meta (formerly Facebook), Procter & Gamble, Unilever, Diageo, Johnson & Johnson, and Warner Media. All of these companies own many subsidiaries.
What is a conglomerate in simple terms?
Key Takeaways A conglomerate is a corporation made up of several different, independent businesses. In a conglomerate, one company owns a controlling stake in smaller companies that each conduct business operations separately. Conglomerates can be created in several ways, including mergers or acquisitions.
How do you use conglomeration in a simple sentence?
a large group or mass of different things gathered together: The dish is a wonderful conglomeration of sausage, chicken, seafood, and rice.
How do you use media conglomerate in a sentence?
It is owned by the second-largest media conglomerate in the country. This example is from Wikipedia and may be reused under a CC BY-SA license. By 1982 sales had increased tenfold, and a media conglomerate agreed to publish and distribute future editions.
What is a sentence for conglomerate company?
Examples from the Collins Corpus It was a medium-size conglomerate, with companies dealing with almost everything except retail merchandising. `The day-to-day running of the conglomerate got too much for the Chairman,” he said cautiously.
What is conglomerate used for?
Conglomerates make up only a small percentage of all clastic sedimentary rocks. A common use for conglomerate is as a source of aggregates for construction; rarely, it is used as a building stone. Most of Ohio’s conglomerates are of Carboniferous (Mississippian and Pennsylvanian) ages.
Is Apple a conglomerate?
Usually, conglomerates are different independent businesses that make up a corporation; this is not a word associated with Apple. Apple has dominated the marketplace with its ingenious development strategies for its products.
What is the synonym of conglomerate?
conglomerate (adjective as in composite) Strong matches. amassed assorted blended clustered massed melded mixed motley varied variegated.
How can I use example in a sentence?
Examples of example in a Sentence Noun He set a good example for the rest of us. She gave several examples to show that the program is effective. We’ve chosen three examples of contemporary architecture for closer study.
How do you use conglomerate merger in a sentence?
There are many opponents to conglomerate mergers who believe that they bring less efficiency to the marketplace.
What does conglomerate mean in vocabulary?
composed of heterogeneous elements gathered into a mass A conglomerate is a group of things, especially companies, put together to form one.
What is a media conglomerate example?
The media conglomerate that owns the most media companies is National Amusements. Within its organization are Viacom, CBS, Nickelodeon, and other outlets. Closely following are Disney and Comcast, which also own many media outlets.
Which is an example of a conglomerate?
Every successful conglomerate – Berkshire Hathaway, General Electric, etc. – needs to master the art of bringing diverse companies together and establishing a form of cohesion that enables the group of companies to act as one successful entity that can wear multiple hats.
Is Disney an example of a conglomerate?
The Walt Disney Company is a media conglomerate based in California, USA. The company was founded in 1923 as “Disney Brothers Studios” by Walt and Roy Disney (Wikipedia, 2023).
What is a real example of a conglomerate merger?
One conglomerate merger example is Amazon and Whole Foods. Amazon is an online retailer, while Whole Foods is a supermarket. The merger allowed Amazon to expand its grocery offerings and increased the benefits provided to its Prime members.
What is a conglomerate in business?
A conglomerate is an organization in which a business owns several smaller businesses, known as subsidiaries , in different fields. The businesses that the parent company owns in a conglomerate could be entirely unrelated.
What is the difference between a conglomerate and a company?
Conglomerates differ from corporations in that a conglomerate must have wholly or partially owned subsidiary companies. A subsidiary is a company that is owned by another company. Corporations may or may not have subsidiaries. To become a conglomerate, a company must first register as a corporation.
Why is it called conglomerate?
A sedimentary rock composed largely of gravel is first named according to the roundness of the gravel. If the gravel clasts that comprise it are largely well-rounded to subrounded, it is a conglomerate.
Is Amazon a conglomerate?
Brad Stone: “Amazon … is almost a conglomerate, but unlike a Berkshire Hathaway or a General Electric, all the components are interlocked. There are very subtle connections between them.
Who is the richest conglomerate in the world?
Reliance Industries topped the 2023 ranking of the conglomerates with the highest market value worldwide. The conglomerate beat out major players such as Danaher, Honeywell International, 3M, Raytheon Technologies, and Siemens.
What is a global conglomerate?
Conglomerates are often large and multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, spin-offs, or joint ventures.
What is the own sentence of conglomerate?
Examples of conglomerate in a Sentence Verb people conglomerated in the downtown streets for an impromptu victory celebration over the years the town’s discarded junk conglomerated at the bottom of the river Noun a news and entertainment conglomerate Our small company must compete with the big conglomerates.
What is the use of conglomerate?
Conglomerates can be crushed to make a fine aggregate that can be used for roads and buildings in construction industries. Conglomerates are also used in the cement manufacturing industry.
Is a conglomerate a monopoly?
Conglomerates differ from monopolies because they are a collection of companies from different industries, whereas a monopoly is a company that holds the most market share in its industry.
What does conglomerate mean?
What type of sediment does a conglomerate pass into?
What is a conglomerate containing traces of gold?
Is iron a conglomerate?
What’s a Conglomerate?
Think of a conglomerate as a big company that owns a bunch of different smaller companies. Each of these smaller companies can be in completely different industries, like making cars, running a hotel chain, or even making candy. It’s all under one giant umbrella.
Using “Conglomerate” in a Sentence
You can use the word “conglomerate” to describe a big business or a group of companies, like this:
“General Electric is a conglomerate that operates in many different industries, including energy, aviation, and healthcare.”
See? We just used the word “conglomerate” to talk about a big company that has its fingers in many pies.
Examples of Conglomerates
There are tons of conglomerates out there. Here are a few famous ones:
Samsung: This Korean giant makes everything from phones to appliances to televisions.
General Electric: They’re involved in so much – power generation, jet engines, medical imaging equipment, you name it!
Berkshire Hathaway: This company is owned by Warren Buffet, and it invests in all sorts of things, from insurance to railroads.
Using “Conglomerate” in Other Ways
The word “conglomerate” can also be a verb. It means to combine or group things together. For example:
“The company decided to conglomerate its operations in order to save money.”
This means that the company is merging different parts of its business into one.
More Examples
Let’s look at some more examples of how to use “conglomerate” in a sentence:
“The conglomerate’s profits were up this year, despite the economic downturn.”
“The merger of the two companies created a massive conglomerate with a global reach.”
“The conglomerate’s stock price has been steadily rising in recent months.”
“Many people believe that conglomerates have too much power and influence.”
So, to sum it up:
Conglomerate: A large company made up of smaller companies in different industries.
Use “conglomerate” to describe a big business.
Use “conglomerate” as a verb to mean “combine” or “group”.
FAQs
Q: What’s the difference between a conglomerate and a holding company?
A: That’s a great question! A holding company is similar to a conglomerate, but it mainly owns shares of other companies. Conglomerates, on the other hand, usually have a more active role in managing the businesses they own.
Q: Why do companies form conglomerates?
A: Companies form conglomerates for a few reasons:
Diversification: They spread their risk by being in many different industries.
Increased Market Share: They become bigger and more powerful by owning more companies.
Synergies: They can sometimes combine resources and expertise from different companies to create something new and better.
Q: Are conglomerates always good for the economy?
A: That’s a complex question. There are both advantages and disadvantages to conglomerates:
Advantages:
Jobs: They can create lots of jobs.
Innovation: They can encourage innovation by bringing together different ideas.
Global Reach: They can expand into new markets.
Disadvantages:
Market Domination: They can have too much power in the market.
Less Competition: They can squeeze out smaller companies.
Complex Management: They can be difficult to manage effectively.
Q: What are some examples of conglomerates that have been successful?
A: There are many successful conglomerates. Some notable examples include:
Nestle: They’re the world’s largest food and beverage company, with brands like Kit Kat, Nescafe, and Perrier.
Volkswagen: They’re one of the biggest car manufacturers in the world.
ExxonMobil: They’re one of the largest oil and gas companies in the world.
Q: What are some examples of conglomerates that have been unsuccessful?
A: Not all conglomerates are successful. Here are a few examples of conglomerates that haven’t fared so well:
Tyco International: They faced several scandals and financial problems in the early 2000s.
Enron: They were a major energy company that collapsed in 2001 due to accounting fraud.
Kmart: They were a major retailer that went bankrupt in 2002.
Q: Are conglomerates a good or bad thing?
A: Like many things, conglomerates have both positive and negative aspects. Ultimately, whether a conglomerate is good or bad depends on how it’s run and the impact it has on the economy and society.
See more here: What Is A Conglomerate In Simple Terms? | Use Conglomerate In A Sentence
Examples of “Conglomerate” in a Sentence | YourDictionary.com
Learn how to use the word conglomerate in a sentence with various meanings and contexts. Find examples of conglomerate as a rock, a mixture, a company, and more. YourDictionary
CONGLOMERATE in a sentence | Sentence examples by
Learn how to use the word conglomerate in a sentence with these examples from various sources. A conglomerate is a type of sedimentary rock composed of pebbles or cobbles Cambridge Dictionary
Examples of ‘Conglomerate’ in a Sentence | Merriam-Webster
How to Use conglomerate in a Sentence. conglomerate. noun. Definition of conglomerate. Synonyms for conglomerate. Our small company must compete with Merriam Webster
CONGLOMERATE in a Sentence Examples: 21 Ways to Use
To use Conglomerate in a sentence, you should first understand its meaning. A Conglomerate is a corporate entity that consists of multiple different businesses or Starts With
Examples of ‘conglomerate’ in a sentence – Collins Online Dictionary
We welcome feedback: report an example sentence to the Collins team. Read more… It was a medium-size conglomerate, with companies dealing with almost everything Collins Dictionary
conglomerate example sentences – Use conglomerate in a
See how to use conglomerate in a sentence. Lot of example sentences with the word conglomerate. bab.la
Conglomerate Definition & Meaning – Merriam-Webster
The meaning of CONGLOMERATE is made up of parts from various sources or of various kinds. How to use conglomerate in a sentence. Merriam Webster
CONGLOMERATE definition and meaning | Collins English
1. a thing composed of heterogeneous elements; mass. 2. any coarse-grained sedimentary rock consisting of rounded fragments of rock embedded in a finer matrix. Compare Collins Dictionary
conglomerate noun – Definition, pictures, pronunciation and
Definition of conglomerate noun in Oxford Advanced Learner’s Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Oxford Learner’s Dictionaries
CONGLOMERATE | English meaning – Cambridge Dictionary
noun. uk / kənˈɡlɒm. ə r.ət / us / kənˈɡlɑː.mɚ.ət / conglomerate noun (COMPANY) Add to word list. [ C ] a company that owns several smaller businesses whose products or Cambridge Dictionary
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