GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statements is true?
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All conglomerates are multinationals.
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All multinationals are conglomerates.
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A conglomerate is another term for a multinational.
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A multinational is often a conglomerate.
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Explanation:
Detailed explanation-1: -A multinational corporation (MNC) is a company that has business operations in at least one country other than its home country.
Detailed explanation-2: -A conglomerate diversification strategy helps lessen the risk of loss. For example, if one business sector experiences a decline, other business sectors compensate for the losses. A conglomerate merger allows companies to cross-sell their products when the target market is similar.
There is 1 question to complete.