?
The company that has acquired interest in different industries by taking over or merging with other companies, is called
Answer & Solution
Correct Answer:
Option
C
The company that has acquired interest in different industries by taking over or merging with other companies, is called conglomerate. A conglomerate company is a combination of two or more companies running a totally different businesses and united under a one corporate group. This is structured as a main company and several subsidiaries. A conglomerate company Conglomerates are often large and multinational.
Join the Discussion
Login to post a comment or share your explanation.
Login