These example sentences are selected automatically from various online news sources to reflect current usage of the word 'conglomerate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
people conglomerated in the downtown streets for an impromptu victory celebration
over the years the town's discarded junk conglomerated at the bottom of the river
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'conglomerate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
1642
assemble, cluster, collect, concentrate, congregate, convene, converge, forgather (or foregather), gather, meet, rendezvous;
affiliate, ally, associate, band (together), caucus, club, collaborate, confederate, conjoin, consolidate, consort, cooperate, couple, federate, gang up, join, merge, unite;
get together;
a news and entertainment conglomerate
Our small company must compete with the big conglomerates.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'conglomerate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
1818
anthracite, boulder, cwm, erratic, igneous, intrusive, mesa, sedimentary, silt, swale
A conglomerate is a corporation made up of several smaller, independently-run companies which may operate across several sectors and industries.
Conglomerates are generally formed for two reasons: to diversify risk by participating in unrelated businesses or to expand a business within an industry to include suppliers and product purchasers.
Despite the possible benefits, conglomerates face the challenge of becoming so large that they are difficult to manage efficiently. This can lead to a lack of focus, which exacerbates managerial problems and reduces shareholder returns. This reason is why conglomerates often "spin off" subsidiaries into stand-alone entities. Corporations may also fail to realize the anticipated cost savings associated with acquisitions.
The motto "the parts are worth more than the whole" is the idea behind conglomerates. They are typically very diversified businesses (although some conglomerates stick to one or two industries). This diversification and the efficiencies brought about by shared or reduced costs often make conglomerates less risky than those operating in a single market or niche. Many well-run conglomerates like Berkshire Hathaway and General Electric are much like funds in that they offer diversification and are less sensitive to general business cycles than more focused companies.
: a large business that is made of different kinds of companies
: a kind of rock that is made from many stones of different sizes held together with hardened clay
See words that rhyme with conglomerate Thesaurus: All synonyms and antonyms for conglomerate Spanish Central: Translation of conglomerate Nglish: Translation of conglomerate for Spanish speakers Britannica English: Translation of conglomerate for Arabic speakers Britannica.com: Encyclopedia article about conglomerate
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