How were conglomerates and franchises alike and different

History

1 answer:

FrozenT [24]2 years ago

6 0

Answer:

The franchise and congloromates were both successful business entities.

Explanation:

Franchise is a group company that offer identical products and services in many different places.

Conglomerates are corporations that own little and unrelated companies which is diversified to be shielded from the problems faced in individual industries.

The franchise and conglomerates were alike because they were both successful business organisations that grew at a fast rate.

The Franchise grew by setting of identical shops in new communities while congloromates grew by diversifying.

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