Why Have Conglomerate Mergers Fallen Out of Favour

question 39

Essay

Why have conglomerate mergers fallen out of favour?

---

Definitions:

Initiation Rite

A ceremonial event or series of actions conducted as part of a social or cultural process marking an individual's transition or acceptance into a new status or group.

Stanford Prison Experiment

A psychological study conducted in 1971 by Philip Zimbardo to investigate the psychological effects of perceived power, focusing on the struggle between prisoners and prison officers.

Self-concept

An individual's perception of themselves, encompassing beliefs, feelings, and attitudes about one's identity, abilities, and values, shaping behavior and interactions with others.

Self-preservation

The inherent or instinctual behavior to protect oneself from harm or danger, ensuring personal survival.