The company that has acquired interest in different industries by taking over or merging with other companies, is called

[amp_mcq option1=”collateral” option2=”coalition” option3=”conglomerate” option4=”None of the above” correct=”option3″]

The correct answer is C. conglomerate.

A conglomerate is a company that has acquired interest in different industries by taking over or merging with other companies. Conglomerates are often formed when a company wants to diversify its business and reduce its risk. They can also be formed when a company wants to expand into new markets.

Collateral is a security that is pledged to guarantee the repayment of a loan. A coalition is a group of people or organizations that come together to achieve a common goal.

I hope this helps!

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