Exam: BEC Higher

Definition: Made up of different parts or elements that are combined together.

Example: The conglomerate company owns several smaller businesses in different industries.

Definition: To come together or combine to form a larger group or mass.

Example: The small companies began to conglomerate to compete more effectively in the market.

Definition: A large company that is made up of different smaller companies or a mixture of different things.

Example: The conglomerate owns several businesses in various industries, including technology and food production.

Definition: To cause different parts or elements to come together and form a single mass or whole.

Example: The company decided to conglomerate several smaller businesses to increase its market presence.

Definition: A person who creates or leads a conglomerate, which is a large corporation made up of different companies or businesses.

Example: The conglomerateur successfully expanded the company by acquiring several smaller firms.

Definition: A person who creates or manages a large company that is made up of different businesses or organizations.

Example: The conglomerator successfully expanded the company by acquiring several smaller firms.

Definition: To send or deliver something to someone, often for a specific purpose or to be sold.

Example: The artist decided to consign her paintings to the gallery for sale.

Definition: To deliver something to someone for them to take care of it or sell it.

Example: The artist decided to consign her paintings to a local gallery for sale.

Definition: A person or organization that receives goods that are sent to them, usually for sale or distribution.

Example: The consignee accepted the shipment of electronics at the warehouse.

Definition: Related to goods that are sent to a seller to be sold, with the seller only paying for them after they are sold.

Example: The store received a consignment of new clothes from the supplier.

Definition: A shipment of goods that is sent to someone, often for sale or storage, where the sender retains ownership until the goods are sold.

Example: The store received a new consignment of books that will be available next week.

Definition: A person or company that sends goods to another person or company for delivery.

Example: The consignor shipped the package to the store for sale.

Definition: To come together to form a single, stronger unit or to become more solid.

Example: The two companies decided to consolidate their resources to improve efficiency.

Definition: To combine or bring together different parts into a single, stronger whole.

Example: The company decided to consolidate its various departments to improve efficiency.

Definition: Describing something that has been combined or brought together into a single, unified whole, often used in the context of financial statements that include data from a parent company and its subsidiaries.

Example: The consolidated financial report showed the total earnings of the entire company group.

Definition: To combine or bring together different parts into a single, more effective whole.

Example: The company consolidated its various departments to improve efficiency.

Definition: The process of combining or merging things together to make them stronger or more effective.

Example: The consolidation of the two companies created a more powerful organization in the market.