What is a global conglomerate?
A conglomerate is a organisation / company which operates in many sectors, which have no apparent relation or business synergy among them. A good example of a conglomerate would be the Japanese Matsushita Corporation.For a conglomerate to be termed global, a substantial portion of the turnover and the profits o f the conglomerate should be derieved from global markets - i.e., outside the home market.
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