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.
Conglomerates are corporations but not all corporations are classified as conglomerates. Both conglomerates and other types of corporations are legal entities, which means that the entity itself can buy assets or face lawsuits. Corporations, including conglomerates, must also pay state and federal t. TAGS: What Difference Between Corporation Conglomerate.