Corporate Strategy Concepts

noun a corporation consisting of several companies or divisions in different industries

verb to gather into a single whole; to unite into a single mass or body

• The conglomerate acquired several smaller companies to expand its market reach.
• That conglomerate owns a bunch of different businesses, like restaurants and clothing stores.
• The conglomerate is like the big boss in the business world.
• The conglomerate of ideas in his mind formed a powerful solution to the problem.

noun the sale of assets, business divisions, or subsidiaries by a company

• The company announced a divestiture of its non-core assets to focus on its main business operations.
• The company is getting rid of some stuff they don't need through divestiture.
• They're ditching those assets with a divestiture move.
• In order to grow, sometimes you have to prune the tree of your business through divestiture.