Question

Why are conglomerates not popular in the US, but popular in other countries?

Why are conglomerates not popular in the US, but popular in other countries?

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Conglomerates are highly popular in the emerging nations like India and Korea but less popular in developed countries like the US. In the Markets where the regulations are high or bureaucratic, conglomerates usually strive on that. In other words, the access restrictions make the conglomerates less popular in the US. In addition, conglomerates are usually successful because they focus on the areas of development in other countries that includes infrastructure development, utilities and real estate. The provision of growth of such areas in the US is relatively limited and hence the conglomerates are not much popular in the US. Moreover, from 1960s to 1980s, the history records ill financial performance of the American business due to the conglomeration wave back then. All these reasons sum up to explain as to why is it unpopular in the country.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Research the GDP of at least two countries other than the US and compare the size...
Research the GDP of at least two countries other than the US and compare the size of those economies to the GDP of the US. Give a brief description of why these countries are doing well or what challenges to economic growth they face.
What is the role of the US and other industrialized countries should br in outbreaks ?...
What is the role of the US and other industrialized countries should br in outbreaks ? Why is it important What is the significance of monitoring animal population to disease control? How does the Ebola outbreak compare to the COVID outbreak ??
We look at two countries, the US and China, that trade with each other. There are...
We look at two countries, the US and China, that trade with each other. There are two factors of production, namely high-skilled labor and low-skilled labor. The US is relatively abundant in high-skilled labor and China is relatively abundant in low-skilled labor. Trade between these two countries will A. benefit high-skilled labor in both countries. B. benefit low-skilled labor in both countries. C. benefit high-skilled labor in the US and low-skilled labor in China. D. benefit low-skilled labor in the...
Why some countries are developed, rich and other countries stay poor inn the world Economics 121.
Why some countries are developed, rich and other countries stay poor inn the world Economics 121.
Why can't the U.S. restrict the slaughter of dolphins in other countries?
Why can't the U.S. restrict the slaughter of dolphins in other countries?
Explain why neighboring countries tend to trade extensively with each other.
Explain why neighboring countries tend to trade extensively with each other.
In 2019, the US government imposed higher tariff rates on imports from many other countries. At...
In 2019, the US government imposed higher tariff rates on imports from many other countries. At the same time, the government's budget deficit increased. If investment and private savings remained unchanged in 2019, the US trade deficit a. must have declined. b. must have increased. c. must have remained unchanged. d. may have gone up or down, depending on the situation.
Why is income elasticity for meat in the United States lower than other countries?​
Why is income elasticity for meat in the United States lower than other countries?​
Why did problems in Thailand contagiously affect other Asian countries? Why does the fall in a...
Why did problems in Thailand contagiously affect other Asian countries? Why does the fall in a country’s currency affect its stock market?
What is monetary policy? What is the national debt in $US? Why would the US want...
What is monetary policy? What is the national debt in $US? Why would the US want to trade with other countries? What is comparative advantage vs absolute advantage? How does globalization help host countries? How does globalization hurt host countries? What is the relationship between trade surplus and trade deficit? What is ideal? What does the US have with China? Mexico? Canada? What does dumping in terms of foreign markets mean? Give a recent example. Name 3 strategies for entry...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT