What is a Conglomerate
A conglomerate is defined as a company that owns many smaller businesses operating in unrelated industries such as food medicine clothing technology etc. Conglomerate is a sedimentary rock made of rounded pebbles and sand that is usually held together cemented by silica calcite or iron oxide. Gemrocks Conglomerate Pudding Stone Rocks And Minerals Petosky Stone The rock is bound together by a cement that. . It helps in lowering business risks by reducing reliance on single products or market. A conglomerate is a combination of multiple businesses and may provide stability and new opportunities for an organization. It is a stone similar to sandstone but the rock particles are rounded or angular gravel rather than sand. A company that owns several smaller businesses whose products or services are usually very. Conglomerates are often large and multinational. Conglomerate means a mixture of two or more things to make one singl...
