The-definition.com

Definition

Conglomerate Diversification

A grand strategy based on the acquisition of a business because it presents the most promising investment opportunity available. The principle concern, and often the sole concern, of the acquiring firm is the profit pattern of the venture.

Share it:  Cite

More from this Section

  • Organizational leadership
    The process and practice by key executives of guiding and shepherding people in an organization ...
  • Fragmented industry
    A fragmented industry is one in which no firm has a significant market share and can strongly ...
  • Motion study
    Motion study is a study that identifies the number and kind of movements required to perform ...
  • Benchmark
    Benchmark is the standard of excellence against which to measure and compare. ...
  • Management by walking around
    Management by walking around is a term used to describe a manger being out in the work ...