Definitions from the Web
Economics Conglomerate
Description
An economics conglomerate refers to a large corporation that operates in various industries and sectors, with a primary focus on economic activities and financial operations. These conglomerates typically have diverse business interests, spanning multiple sectors such as manufacturing, services, finance, and more. They often wield significant influence in the global economy and play a critical role in shaping markets and industries. Economics conglomerates are known for their scale, complexity, and strategic integration of different businesses.
Sample Sentences
- The economics conglomerate acquired several smaller companies in the steel, tech, and retail sectors.
- As an economics conglomerate, their portfolio ranges from telecommunications to shipping and renewable energy.
- The government has imposed stricter regulations on economics conglomerates to ensure fair competition.
- John works for an economics conglomerate where he manages the merger and acquisition strategies.
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