What is a conglomerate? a large corporation that produces and sells its goods and services throughout the world the combination
of two or more firms involved in different stages of producing the same good or service a corporation that sells stock on the open market a business combination merging more than three businesses that make unrelated products
A conglomerate is a business combination merging more than three businesses that make unrelated products.
Explanation:
A conglomerate is a group of companies with different activities. This business concept spread to Europe from the United States after World War II. The benefits were considered to increase the company's long-term profitability by spreading risk to various business areas.
However, conglomeration often led to an increase in administrative costs. Furthermore, the conglomerate's management rarely had the competence to handle a number of companies in different industries. The conglomerates that were listed on the stock exchange were regularly valued lower than the total market value of the subsidiaries, indicating that the stock market did not believe in the very idea of creating such corporate groups. The risk diversification that the conglomerate was aiming for could equally well be achieved by the individual investor in his own equity portfolio. Therefore, since the 1970s, many conglomerates have split up, and most companies have instead focused on creating competitive advantages through their core business.
The correct answer to the following question will be "Flowchart".
Explanation:
A flowchart is some kind of diagram representing a process or workflow. You can also define a flowchart as a diagrammatic recognition of a dataset, a move-by-step strategy to resolving a task. The flowchart displays the phases as different types of boxes, or their sequence by linking the boxes to arrows.
Most common forms of flowchart include:
Process flowchart.
Swimlane Flowchart.
Workflow Diagram.
Data Flow Diagram.
Every flow chart deals with one specific system or process. They are an important instrument for process improvement. They support project teams to recognize the different components of a process by providing graphical representation and understand the interconnections between the different steps.
A prenuptial agreement or prenuo is one that is created between two people before marriage. A prenuo lists all the properties owned by each individual and action to be taken as regards ownership after the marriage.
Prenuptial agreement has been used by parties that are wealthy in marriages to protect their wealth from spouses that may take advantage of them and obtain their wealth after a divorce. For example a person may say his spouse is not entitled to ownership of his property after marriage.
Answer: A positive externality, negative externality and asymmetric information
Explanation:
A market failure is one of the type of economical situation in which the the various types of products and the services are distributions in an inefficient manner.
A positive externality, negative externality and an asymmetric information are the market failure that the government wants to change by the process of intervention
Externality is one of the type of advantage or cost that basically affect the third party in the economics so the free market under consuming the various types of products. Therefore, the given answer is correct.
