What is this word conglomerate?

1 : a composite mass or mixture especially : rock composed of rounded fragments varying from small pebbles to large boulders in a cement (as of hardened clay) 2 : a widely diversified corporation an international conglomerate of some 350 businesses.

What is the meaning of conglomerate give the examples?

A conglomerate is defined as something consisting of many similar elements. An example of conglomerate is a large corporation which was formed after the merger of many smaller corporations. … A corporation made up of a number of different companies that operate in diversified fields.

Is Redebate a word?

verb. To debate (a subject) again.

Can conglomerate be a verb?

A conglomerate is a group of things, especially companies, put together to form one. … Conglomerate can also be used as a verb like when your media companies conglomerated successfully.

What is conglomerate geography?

The conglomerate is a sedimentary rock made up of rounded pebbles and sand that is usually held together (connected) by silica, calcite, or iron oxide. … Conglomerate refers to coarse-grained rock that is formed in riverbeds.

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What does conglomerate mean in media?

A media conglomerate, or a company that owns numerous companies involved in mass media enterprises, is something that not many people even know of, but it is crucial in understanding where your news is coming from.

What caused the emergence of conglomerates?

The conglomerate boom refers to a period in the US economy, during the 1960s, when big corporations bought out several companies in multiple or unrelated fields. Low-interest rates and a volatile stock market were the main reasons for a conglomerate boom.

What is the world’s largest conglomerate?

Softbank, LG Chem, Itochu, and Mitsui were also among the Asian conglomerates that made it into the top 20. … World’s largest conglomerates as of April 16, 2021, based on market value (in billion U.S. dollars)

Characteristic Market value in billion U.S. dollars

What is the difference between a corporation and a conglomerate?

Conglomerates differ from corporations in that a conglomerate must have wholly or partially owned subsidiary companies. A subsidiary is a company that is owned by another company. Corporations may or may not have subsidiaries. To become a conglomerate, a company must first register as a corporation.

How do you spell rebatable?

To deduct or return (an amount) from a payment or bill. 2. To lessen; diminish. [From Middle English rebaten, to deduct, from Old French rabattre, rebattre, to reduce, to beat down again : re-, re- + abbattre, to beat down; see abate.]

Why do rebates exist?

Rebates offer retailers the benefit of giving customers a temporary discount on an item, to stimulate sales, while allowing it to maintain its current price point. This method avoids the negative backlash that could be perceived with a price being lowered and then raised later.

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Are rebates illegal?

A rebate is a discount or reduction on a sale price. It is often used as a marketing strategy to promote sales. When secretly accepted by a subcontractor from a contractor in return for obtaining a job, it may be illegal.

How do you use the word conglomerate?

Conglomerate in a Sentence

  1. The billionaire’s conglomerate includes restaurants, convenience stores, and a chain of hotels.
  2. In the past, the mafia has run its affairs like a conglomerate with each venture being managed by a captain.
  3. The conglomerate views its collection of profitable pawn shops as its greatest asset.

How do you say the word conglomerate?

  1. Medical definitions for conglomerate. conglomerate. [ kn-glmr-t ]
  2. Scientific definitions for conglomerate. conglomerate. [ kn-glm-rt ]
  3. Cultural definitions for conglomerate. conglomerate. [ (kuhn-glom-uhr-uht) ]

What is conglomerate used for?

Conglomerate can be used as a fill material for roads and construction. Hard rock may be cut and polished to make dimension stone.

What are conglomerates in science?

Conglomerates are clastic sedimentary rock that contains mostly pebble-size rounded clasts. The spaces between the clasts are generally filled with smaller particles and/or chemical cement that then binds and formed the rock matrices together.

What is a conglomerate in economics?

A conglomerate is a corporation made up of several different, independent businesses. … Economists warn that conglomerates can become too large to be efficient, at which time they have to divest some of their businesses.

What type of rock is soapstone?

Metamorphic Rock Soapstone

Type Metamorphic Rock
Index Minerals Talc
Color White, green or gray
Miscellaneous Softer than fingernail; may be schistose in texture
Metamorphic Type Hydrothermal

Why is Disney a conglomerate?

Disney is the largest media conglomerate in the world in terms of revenue. It is one of the biggest media conglomerate because of its various owned cable shows, movies, publishing, internet, and music. Disney was founded on October 16, 1923, by Walt and Roy Disney.

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What 6 corporations own the media?

The Big 6 Media Companies

  • Comcast (NASDAQ:CMCSA)
  • Walt Disney (NYSE:DIS)
  • AT&T (NYSE:T)
  • Sony (NYSE:SNE)

What 5 companies own the media?

Globally, large media conglomerates include Bertelsmann, National Amusements (ViacomCBS), Sony Corporation, News Corp, Comcast, The Walt Disney Company, AT&T Inc., Fox Corporation, Hearst Communications, MGM Holdings Inc., Grupo Globo (South America), and Lagardre Group.

How do conglomerates make money?

Conglomerates are companies that do business in multiple industries by owning several companies. … For example, a conglomerate might start out as a manufacturer and as the business grows, acquire a financial services firm to offer customers credit cards to facilitate the purchase of its manufactured goods.

What are conglomerates and what is their composition?

Conglomerate is a sedimentary rock made of rounded pebbles and sand that is usually held together (cemented) by silica, calcite or iron oxide. It is a stone similar to sandstone but the rock particles are rounded or angular gravel rather than sand.

What is conglomerate diversification?

a growth strategy in which a company seeks to develop by adding totally unrelated products and markets to its existing business.

Which is the world No 1 company?

World’s Top 25 Largest Companies

Rank Name Employees
1 Walmart 2,300,000
2 State Grid 913,546
3 Sinopec 667,793
4 China National Petroleum 1,636,532

What is the richest corporation in the world?

With about 559 billion U.S. dollars in revenue, Walmart topped the ranking of the hundred largest companies globally, followed by State Grid and Amazon. Walmart was also the largest company in the world based on its number of employees, with some 2.2 million all over the world.

What company owns Apple?


Date Company hideDerived products
August 1, 2014 Beats Electronics iPhone, iTunes, Apple Music
September 23, 2014 Prss Apple News
2014 Dryft iOS Keyboard
January 2015 Camel Audio Logic Pro

Why do companies use conglomerates?

A conglomerate’s parent company can reduce the risks by taking part in many different businesses instead of being in a single market. It also helps the holding company to reduce costs and consume fewer resources. However, a company growing too big may lead to inefficiency.

Is Nike a conglomerate?

How Nike Evolved into the Global Conglomerate it is Today Tuition Agency.