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ownership
Media 18th november
Ownership
Conglomerate definition - A conglomerate corporation is a corporation that is made up of a number of different, seemingly unrelated businesses. In a conglomerate, one company owns a controlling stake in a number of smaller companies, which conduct business separately. Each of a conglomerates subsidiary businesses runs independently of the other business divisions, but the subsidiaries management reports to senior management at the parent company.
Independent - An independent business is a business that is free from outside control. It usually means a privately owned establishment, as opposed to a public limited company, the latter of which is owned by investment shares traded in the stock market. In many cases, independent businesses are sole proprietorship companies
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