Corporations with control both within and across industries are formed by a series of mergers and acquisitions across industries. These corporations are referred to as ; they combine businesses in different commercial areas, all of which are owned by one holding company.

conglomerate                

Explanation:

In simple words, A conglomerate refers to the multi-industry corporation, which is a mixture of many enterprises operating within one organizational group in completely different sectors, which can include a holding company and several branches.

The conglomerates are always global and massive. The predominant conglomerates consolidate financial risk through investing in a variety of different industries, although other conglomerates opt to engage in a single sector, like those in mines.        

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explanation:

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