Definition of a conglomerate company = A large company that owns numerous other companies in different industries

Definition of an independent company = small production company that does not have any subsidiary products

An example of a conglomerate   - an example of a successful conglomerate is general electrical, popularly known as GE general electrical, formed by thomas edison in 1890, began as a lighting business and has since transformed into a conglomerate that is more synonymous with 'general' than 'electric'

An example of an independent business - An independent business could be something such as a clothing line run by one person 

What are the pros and cons of a conglomerate -