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Q » How do conglomerates decide which industries to expand into?
30 Oct, 2025
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A » Conglomerates expand into industries by assessing market potential, synergies with existing businesses, and diversification benefits. They conduct thorough market research, evaluating growth trends and competitive landscapes. Strategic goals, risk management, and financial health also play crucial roles in decision-making. By leveraging core competencies and ensuring alignment with long-term objectives, conglomerates aim to enhance shareholder value and sustain competitive advantage in chosen industries.
30 Oct, 2025
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