Vidyalelo
Management · Q734

International Finance and Treasury

Graduate and Post Graduate · Management · question 734

Q734

A specified country

A.
Other Country
B.
Other People
C.
Parent Company
Answer
D.
Other Subsidiary

Answer: Option C

Solution

Answer: Option C
Solution:
Parent Company is a specified country. A parent company is a company that owns enough voting stock in another firm to control management and operation by influencing or electing its board of directors. Companies that operate under this management are deemed subsidiaries of the parent company.