conglomeration

Meanings

• noun

  A large industrial company that owns and operates multiple businesses and brands in different industries.

  - "The conglomerate owns several media companies, including newspapers, television networks, and film studios."
  - "Many conglomerates have diversified their portfolios to include technology companies, energy firms, and financial services."

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Synonyms

conglomerate

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Variants

List of all variants of conglomeration that leads to same result
conglomeration , conglomerations , corporate conglomeration

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Etymology

origin and the way in which meanings have changed throughout history.

From the Latin word 'conglomeratus', meaning 'heaped together'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The largest conglomerate in the world by revenue is Berkshire Hathaway, led by Warren Buffett.

2. The term 'conglomerate' was first used in the business world in the late 19th century.

3. Some conglomerates have been known to acquire other companies primarily for their brand names rather than their financial performance.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Corporation: A legal entity that is created by law as the continuation of an existing business. Conglomerates are a type of corporation that own and operate multiple businesses.

2. Diversification: The process of expanding a business into new markets or industries. Conglomerates often engage in diversification to reduce risk and increase revenue streams.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

In popular culture, the term 'conglomerate' is often used to describe large corporations with diverse business interests. It has been the subject of critical commentary in literature and film, particularly in relation to the potential for monopolistic power and the impact on smaller businesses and consumers.

How to Memorize "conglomeration"

1. visualize
   

   - Imagine a large container or heap, with various businesses and brands stacked or mixed together. This is what a conglomerate represents.

2. associate
   

   - Associate the word 'conglomerate' with the idea of a large, diverse collection of businesses or brands.

3. mnemonics
   

   - Use the acronym 'C-O-N-G-L-O-M-E-R-A-T-E': Companies Operating Numerous Businesses, Generating Large Operational Revenues And Transforming Economies.

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