act 470 db 8
Foreign Subsidiaries
Research a company that has had some consolidation with a foreign subsidiary and discuss whether that association was beneficial for both parties and the outcome.
Make sure to discuss a different company than what your classmates selected.
Solution Preview
It is paramount that the world is full of competition especially in the field of business. Big Companies across the globe consolidate with small companies from other countries as a prime method of enlarging their businesses. These big Companies are known as Parent Companies. They enjoy the majority rights of the subsidiaries thus controlling the management of these foreign subsidiaries from the headquarters. A parent company may also to open a small company in another country as a way of expansion. These small companies are known as foreign subsidiary companies.
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