A conglomerate is a collective noun that refers to a group or collection of different companies or organizations that are independent entities but are owned and controlled by a single parent company. It represents a diverse and varied assembly of companies that come together under one umbrella, often with the purpose of expanding market share, reducing competition, and maximizing efficiency.
Examples of conglomerates include multinational corporations like General Electric and Berkshire Hathaway, which own and operate numerous subsidiary companies across a wide range of industries. The conglomerate of the General Electric Corporation, for instance, includes businesses in sectors such as aviation, healthcare, power, renewable energy, and finance, among others. Berkshire Hathaway encompasses varied sectors including insurance, utilities, retail, and manufacturing, with ownership holdings in companies like Geico, Burlington Northern Santa Fe, and Dairy Queen.
The term "conglomerate" implies the fusion of various firms from different fields, forming a mosaic of capabilities and resources. These collective units may retain their independence and operate as independent entities, leveraging the conglomerate's scale and influence. Conglomerates often share resources and expertise amongst their subsidiaries, exploring synergies that enhance overall performance and profitability.
Consequently, a conglomerate represents a unifying force that enables leveraging economies of scale and leveraging strengths in multiple sectors. Through its diversification and breadth, a conglomerate exemplifies the fluidity and adaptability of a collective noun, showcasing the dynamic interrelationships within its composite parts.
1
Conglomerate of Workers
A conglomerate of workers refers to a collective noun phrase used to describe a diversified and dynamic group of individuals engaged in various forms of occupations, industries, or professions. It represents a unique assembly of workers coming together fr...
Example sentence: The conglomerate of workers rallied together to demand fair wages and better working conditions
More...2
Conglomerate of Smokers
A conglomerate of smokers refers to a group or gathering of individuals who engage in the act of smoking tobacco or other substances. This collective noun phrase encapsulates the idea of a diverse and varied assembly of people who share a common habit. Wi...
Example sentence: A conglomerate of smokers gathered outside the office building, puffing out thick clouds of smoke
More...3
Conglomerate of Badgers
A conglomerate of badgers refers to a unique collection or grouping of badgers that come together for a specific purpose or location. This distinctive collective noun highlights the unity and cooperation among badgers, demonstrating their social nature an...
Example sentence: As they scurried through the forest, a conglomerate of badgers conducted their nightly hunt
More...4
Conglomerate of Businessmen
A conglomerate of businessmen refers to a captivating assembly of successful entrepreneurs, professionals, and experienced individuals who have come together to form a powerful and agile force in the business world. This collective noun phrase vividly cap...
Example sentence: At the shareholder meeting, a conglomerate of businessmen discussed various strategies to expand their market reach
More...5
Conglomerate of Socialists
A conglomerate of socialists is a term used to describe a group or an assembly of individuals who share socialist ideologies and principles. Composed of diverse individuals, this collective noun phrase refers to a gathering of people who advocate for the ...
Example sentence: A conglomerate of Socialists gathered at the convention to discuss their shared ideals and strategies for progress
More...6
Conglomerate of Zoom Teams
A conglomerate of Zoom Teams is a diverse and dynamic group of teams gathered virtually through the popular video conferencing platform, Zoom. Each team within this collective contributes a distinct set of skills, knowledge, and expertise, resulting in a ...
Example sentence: The conglomerate of Zoom Teams from various departments gathered in a virtual meeting to discuss their progress
More...7
Conglomerate of Graphs
A conglomerate of graphs refers to a diverse and varied compilation of graphs within a similar context or topic. It represents a collection or grouping of multiple graphical representations, which can include bar graphs, line graphs, scatter plots, pie ch...
Example sentence: In our data analysis project, we found a conglomerate of graphs showcasing various trends and patterns
More...8
Conglomerate of Townhouses
A conglomerate of townhouses refers to a vast and harmoniously arranged cluster of connected residential units. This eclectic array of townhouses creates a visually appealing and cohesive living space, wherein individual dwellings are organized in proximi...
Example sentence: The conglomerate of townhouses showcased a stunning display of architectural diversity
More...