Definition: "Conglomerative" is a term used in marketing and business to describe a group of products, services, or companies that are related in some way. It refers to businesses that operate together on one or more key principles, such as providing similar products at competitive prices or offering similar services to customers. For example, imagine you have a grocery store that sells different brands of produce, and each brand offers its own unique variety of fruits and vegetables. These companies are considered conglomerates because they share some
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