What are some examples of conglomerate diversification?


Conglomerate diversification is a marketing strategy used by companies to diversify their product and customer base. This diversification is sometimes carried out by buying other companies which have products that the bigger company does not have, therefore increasing the bigger company's product and customer base. An example of conglomerate diversification is if an electronics company buys out an appliance company. Another example would be if a television company were to buy out a telephone company.

Q&A Related to "What are some examples of conglomerate diversification..."
Owner of Sugar Factory Started Producing Paper and Wine from Wastage which he use to throw First. With main product Sugar.
The definition is: the joining of companies, in completely unrelated
Frito Lay isn't a conglomerate. General Electric is a good example, or Textron, United Technologies, Tyco International. Frito Lay is a food processing company. Even though they have
In my opinion, this is an example of vertical integration. Vertical integration happens when a company buys up certain kinds of other companies. Specifically, it is when a company
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