What is a company that owns several companies that produce unrelated goods known as

Social Studies

2 answers:

Anna007 [38]2 years ago

6 0

I'm not so sure about this one.. but i believe it's called C<span>onglomerate.</span>

Natasha2012 [34]2 years ago

3 0

Answer:

Conglomerate, is the right answer.

Explanation:

A conglomerate is an aggregate of various business entities engaging in completely different enterprises under one corporate organisation, generally including a parent company and various subsidiaries. Usually, a conglomerate is a multi-industry organisation. Conglomerates were common in the decade of 1960 due to an aggregate of low-interest charges and a perpetual bear-bull business, which provided the conglomerates to acquire businesses in leveraged buyouts, seldom at tentatively decreased expenses.

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