In the ____________________ or conglomerate format, businesses are managed as investment rather than profit centers with wide reporting variations.
A) related divisional format
B) cluster format
C) unrelated holding company format
D) none of the above

Question

Quizplus · Accepted Answer

The unrelated holding company format, also known as the conglomerate format, involves businesses being managed as investments rather than profit centers, and typically have wide reporting variations. This format is characterized by a collection of unrelated businesses that are jointly owned and managed by a holding company. The businesses within the conglomerate may operate in completely different industries and have little to no correlation with each other.

In the ____________________ or Conglomerate Format, Businesses Are Managed as Investment