Question

groups of firms is called​

Answer 1

Answer:

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Explanation:

A corporate group or group of companies is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. ... If the corporations are engaged in entirely different businesses, the group is called a conglomerate.

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Answer 2

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A corporate group or group of companies is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. ... If the corporations are engaged in entirely different businesses, the group is called a conglomerate.