A__is an enterprise that has one or more subsidiaries
1) group
2) parent company
3) subsidiary
4) sole proprietorship
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3) subsidiary is the answer for question
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The right response to the given question is option 2: Parent company.
- A parent company is one that owns and manages all of its subsidiary companies or small businesses.
- Subsidiaries are firms that are owned by another corporation.
- Depending on the percentage of stock they control, the parent firm may own a subsidiary company partially or entirely.
- Big companies buy small companies primarily to lessen market rivalry, broaden their product offerings, and reduce the debt burden of subsidiary companies.
- As a result, a parent company is one with subsidiaries.
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