Conglomeration
Categories: Company Management, Investing
When you consume three-and-a-half pizzas, you’re engaged in the process of consumption.
When you investigate who stole your other half-a-pizza, you’re involved in the process of investigation.
And when you create a conglomerate out of different companies…you’re involved in the process of conglomeration. This is a process by which a parent company owns multiple organizations that operate in different businesses or industries. So the parent company will buy and own several different subsidiaries.