The conglomerates are at the center of debate in the corporate strategy. They include perhaps the most famous companies in history - Beatrice Corp, General Electric, ITT, Siemens, ABB and - at various times over the last few decades has been both admired and reviled as a form of corporate organization. Regardless of the time in which these discussions took place, they always focus on a few general questions, which this note addresses: Why conglomerates exist? They add value to the business component? If so, how? "Hide
by Samhita Jayanti, Bharat N. Anand 9 pages. Publication Date: April 5, 2005. Prod. #: 705480-PDF-ENG