Corporations with control both within and across industries are often formed by a series of mergers and acquisitions across industries. These corporations are referred to as __________, which are combinations of businesses in different commercial areas, all of which are owned by one holding company.

Respuesta :

Answer:

Conglomerates

Explanation:

When a business already reach its peak, its often have a lot of disposable capital that can be allocated for future ventures. Entering another industry tend to be seen as  a huge opportunity for them to expand their profit margin.

On such cases, many wealthy business owners choose to buy either conduct a merger or business acquisitions rather than building the company from ground up. What they do is they take an existing business and make it a part of their parent company. This is what we usually referred to as Conglomerates.

We have a couple of conglomerates here in united states. Here are some example :  Disney, alphabet, Berkshire Hathaway , Comcast, etc.

ACCESS MORE
EDU ACCESS