AODM [Internet]; Aug 2, 2016 [cited 2016 Aug 2]. Available from: http://www.allacronyms.com/AODM. 'AODM', All Acronyms, 2 August 2016, <http://www.allacronyms.com/AODM> [accessed 2 August 2016] All Acronyms, AODM (Aug. 2, 2016, 10:08 AM), available at http://www.allacronyms.com/AODM.
A conglomerate is a corporation that is made up of a number of different, seemingly unrelated businesses. In a conglomerate, one company owns a controlling stake in a number of smaller companies, which conduct business separately.
Businesses in a conglomerate are often unrelated and very different from one another in terms of the products or services they offer. The corporation is the parent company and the business enterprises underneath are known as subsidiary companies.usinesses in a conglomerate are often unrelated and very different from one another in terms of the products or services they offer. The corporation is the parent company and the business enterprises underneath are known as subsidiary companies.