key words LO1

Here i have researched the accurate meanings for some key words.

• Independent

In business, an independent business as a term of distinction generally refers to privately owned companies (as opposed to those companies owned publicly through a distribution of shares on the market).

• Conglomerate

A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate group, usually involving a parent company and many subsidiaries. Often, a conglomerate is a multi-industry company. Conglomerates are often large and multinational.

• Synergy

the interaction or cooperation of two or more organisations, substances, or other agents to produce a combined effect greater than the sum of their separate effects.

• Subsidiary

A subsidiary, subsidiary company, daughter company, or sister company is a company that is completely or partly owned by another corporation that owns more than half of the subsidiary's stock, and which normally acts as a holding corporation which at least partly (or, when as a parent corporation, wholly) controls the activities and policies of the daughter corporation.

• Social realism

Social Realism in cinema was reflecting Britain's transforming wartime society. it also means the realistic view on things which is not normally displayed in hollywood blockbusters.

• Profit

A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.