Definition of Conglomerate
Examples of Conglomerate
- Anheuser-Busch InBev
- Berkshire Hathaway
- Dow Chemical Company
- Eaton Corporation
- Ford Motor Company
- General Electric
- The Hershey Company
- Johnson & Johnson
- Kraft Heinz
- Lockheed Martin
- Mars, Incorporated
- Newell Brands
- Procter & Gamble
- Reynolds American
- S. C. Johnson & Son
- Time Warner
- United Breweries Group
- The Walt Disney Company
- Xylem Inc.
- 21st Century Fox
- American English – /kuhn-glAH-muhr-ruht/
- British English – /kuhn-glO-muh-rit/
International Phonetic Alphabet
- American English – /kənˈglɑmərət/
- British English – /kənˈɡlɒmərət/
- Plural: conglomerates
- Conglomerates are formal organizations, typically created through acquisitions or mergers and serve to diversify risk.
- Conglomerates are sociologically interesting because they are large, complex, often multinational entities that can manipulate the balance of wealth and power in the global economy.
- The act or process of creating a conglomerate is called conglomeration.
- Also called corporate conglomerate.
- Economic Sociology Resources – Books, Journals, and Helpful Links
- Word origin of “conglomerate” – Online Etymology Dictionary: etymonline.com
Black, John, Nigar Hashimzade, and Gareth Myles. 2010. A Dictionary of Economics. 3rd ed. New York: Oxford University Press.
Bruce, Steve, and Steven Yearley. 2006. The SAGE Dictionary of Sociology. Thousand Oaks, CA: SAGE.
Brym, Robert J., and John Lie. 2007. Sociology: Your Compass for a New World. 3rd ed. Belmont, CA: Wadsworth.
Ferris, Kerry, and Jill Stein. 2010. The Real World: An Introduction to Sociology. 2nd ed. New York: Norton.
Kendall, Diana. 2011. Sociology in Our Times. 8th ed. Belmont, CA: Wadsworth.
Law, Jonathan, ed. 2010. A Dictionary of Accounting. 4th ed. New York: Oxford University Press.
Macionis, John. 2012. Sociology. 14th ed. Boston: Pearson.
Macionis, John, and Kenneth Plummer. 2012. Sociology: A Global Introduction. 4th ed. Harlow, England: Pearson Education.
Princeton University. 2010. WordNet. (https://wordnet.princeton.edu/).
Shepard, Jon M. 2010. Sociology. 11th ed. Belmont, CA: Wadsworth.
Shepard, Jon M., and Robert W. Greene. 2003. Sociology and You. New York: Glencoe.
Thompson, William E., and Joseph V. Hickey. 2012. Society in Focus: An Introduction to Sociology. 7th ed. Boston: Allyn & Bacon.
Turner, Bryan S., ed. 2006. The Cambridge Dictionary of Sociology. Cambridge: Cambridge University Press.
Wikipedia contributors. (N.d.) Wikipedia, The Free Encyclopedia. Wikimedia Foundation. (https://en.wikipedia.org/).
ASA – American Sociological Association (5th edition)
Bell, Kenton, ed. 2013. “conglomerate.” In Open Education Sociology Dictionary. Retrieved February 1, 2023 (https://sociologydictionary.org/conglomerate/).
APA – American Psychological Association (6th edition)
conglomerate. (2013). In K. Bell (Ed.), Open education sociology dictionary. Retrieved from https://sociologydictionary.org/conglomerate/
Chicago/Turabian: Author-Date – Chicago Manual of Style (16th edition)
Bell, Kenton, ed. 2013. “conglomerate.” In Open Education Sociology Dictionary. Accessed February 1, 2023. https://sociologydictionary.org/conglomerate/.
MLA – Modern Language Association (7th edition)
“conglomerate.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2013. Web. 1 Feb. 2023. <https://sociologydictionary.org/conglomerate/>.