My Twitter Feed

April 17, 2015

All:

Dzhokhar Tsarnaev Found Guilty of Boston Marathon Bombings. -

Wednesday, April 8, 2015

Mikhail Gorbachev States That the US Are Attempting to “Unilaterally Rule the World” and Failing to Do So. -

Saturday, April 4, 2015

[APRIL FOOL`S] WordMean Purchased by News Corporation. -

Wednesday, April 1, 2015

Germanwings Airbus A320 Plane Crashes in French Alps, All 148 People on Board Feared Dead -

Tuesday, March 24, 2015

Jewish and Islamic Schools Given Millions of Dollars of Security in Australia Amidst Terrorist Fear -

Monday, March 2, 2015

New Australian IVAN MILAT Series Irritates Thousands Convinced We Should “Forget All About Him” -

Friday, February 27, 2015

Patricia Arquette Wants Equal Pay, Claims That Homosexuals and Coloured Folk Are Responsible for Returning the Assistance for the Fight -

Monday, February 23, 2015

Australia Resorts to Guilt and Threats Against Indonesia, Attempting to Spare Bali Nine Members From Execution. -

Wednesday, February 18, 2015

Australian Mandatory Government Data Retention Con Will Cost $400m for Your “Freedom” and “Safety” -

Wednesday, February 18, 2015

Everything Is Offensive. Everything Is Sexist, Racist and Derogatory. -

Saturday, February 14, 2015

Ross Ulbricht Convicted for Black Market Site SILK ROAD -

Thursday, February 5, 2015

Qatar Airways Buys Stake of British Airways and Iberia Parent Company -

Saturday, January 31, 2015

Delta and Southwest Planes Landed After Twitter Prankster Claims to Have Smuggled Bombs. -

Sunday, January 25, 2015

Why Does Depicting Prophet Muhammad Annoy Some of the Muslims? -

Sunday, January 18, 2015

Gamblers, Transgenders, Voyeurs and People With Fetishes May Be Unable to Hold Driver’s Licence in Russia in Effort to Crack Down on Road Accidents. -

Friday, January 9, 2015

[LIVE] Airbus A320 AirAsia Flight QZ8501 Goes Missing. -

Sunday, December 28, 2014

MMXIV: The Year in Review -

Saturday, December 27, 2014

Protests in Missouri After Teenage Black Man Shot Dead by Police -

Wednesday, December 24, 2014

Sydney Hostage Crisis Ends: The Event That Was a Convenience to the Australian Government? -

Monday, December 15, 2014

(UPDATED) Sydney City in Lockdown After Man Takes 13 Hostages in Cafe -

Monday, December 15, 2014

Conglomerate or Choice?: The Corporations and Subsidiaries Operating Multiple Ventures.

CONGLOMERATE OR CHOICEQuick schooling for this article:

Have you ever noticed that every now and then two companies appear to be under the exact same brand name, logo or group when it seems that they are entirely different? Such as how there are ten newspapers in your city that are all published under the same company? Or that your pen says it’s made by Mitsubishi? Wait, don’t they make cars? Couldn’t be the same company right?

The word to use: Conglomerate. Con – glaw – mah – rit.

Conglomerates are usually made up of one big company and its many subsidiaries. Going from the Mitsubishi example you may be surprised to know that under a conglomerate setting – Nikon cameras are technically Mitsubishi cameras. Perhaps they are in disguise or perhaps, and more logically, they are funded/backed/owned/merged/whatever by the parent company. Referring to my earlier reference suggesting Mitsubishi pens; Uni-ball – one of the most common gel pen manufacturers – is actually Mitsubishi.

Another term related to this form of super-corporation is “multinational company” – maybe what is a supermarket in America called “super awesome market” may also be operating as practically the same thing in Britain but with the name “Happy’s supermarket”

You’ve probably seen the other Mitsubishi products like Air-conditioning units, televisions, cassette tapes and the list goes on.

A Conglomerate may not necessarily “own” what it lists as a subsidiary or ‘baby company’, but simply own part of it or have a share in its earnings. For instance; you may have heard that Microsoft ‘owns’ Facebook. This doesn’t mean Microsoft actually started the social networking giant or acquired it, but it does mean that it controls a major part of its operations. The more money, the more influence! If Microsoft owned 90% of Facebook then you’d guess they’d have 90% say in what the company does and doesn’t do. For the record though, we doubt Microsoft has much say in major Facebook implementations as they own just about 1.6% of the company.

 

One of the most well-known conglomerates would have to be “News Corporation” – often mentioned simply as “News Corp”. As well as being the parent of “News Limited”, a company which is often mistaken for being a media competitor, News Corp are often criticised for their mass monopoly. If you plan on arguing that the mainstream media is biased and that it often covers its own controversies up then you should have plenty of material and evidence to go on.

 

Berkshire Hathaway – owned by Warren Buffet – is a prime example of ‘giant-company-with-many-tentacles’ ventures. If they aren’t selling you insurance, they’re selling you clothes. Beneficial ownership’s include the likes of American Express, Coca-Cola Company (which in itself is – in some countries – is the parent of Pepsico who make Pepsi, Sunkist and 7up etc. How’s that for strange competition?) And even IBM.
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