The Purpose of a Conglomerate Merger Is to Diversify Operations

question 121

True/False

The purpose of a conglomerate merger is to diversify operations and investments.

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Definitions:

Quickbooks

An accounting software package developed by Intuit, designed for small and medium-sized businesses, offering on-premises accounting applications as well as cloud-based versions.

Interorganizational

Pertaining to the relationships or interactions between different organizations.

ERP

Enterprise Resource Planning, an integrated management of main business processes, often in real-time and mediated by software and technology.

CRM

Customer Relationship Management (CRM) is a technology for managing all your company's relationships and interactions with current and potential customers, aiming to improve business relationships.