Business group

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Business group
In business, a group, business group, corporate group, or (sometimes) alliance is a hybrid organizational form between a firm and market: typically, a cluster of legally distinct firms with a managerial relationship. The relationship between the firms in a group may be formal or informal. A keiretsu is one type of business group. When a business group exists as a legal entity itself, it may be a type of conglomerate or holding company.
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