Question

When a business grows through unrelated diversification, acquiring companies in different industries, it is called __________. a. a conglomeration. b. a strategy. c. the planning process. d. a competitive advantage.

Answer 1

A

Step-by-step explanation:

Conglomeration

When a business grows through unrelated diversification, acquiring companies in different industries, it is called a conglomeration.

A conglomerate is a corporation made up of a number of different, unrelated businesses. In a conglomerate, one company owns a controlling stake in a number of smaller companies which conduct business separately.

A good example is Warren Buffet’s Berkshire Hathaway, that has a very thriving conglomerate that has successfully managed companies involved in everything from plane manufacturing to real estate, is widely respected and is one of the most well-known companies in the world.

Answer 2

a conglomeration.

Step-by-step explanation:

When a business grows through unrelated diversification, acquiring companies in different industries, it is called a conglomeration. The word conglomeration means that a thing which is made from totally distinctive elements. In business the a conglomeration is a corporation made by combination of different and unrelated business. Many small company with diversified business combined together to make a conglomeration.