Business Studies, asked by venuvvv9679, 1 year ago

Distinguish between holding company and subsidiary company

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Answered by Anonymous
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Answered by joyet061
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Answer:

A subsidiary is owned or controlled by a parent company. The parent company doesn't need to be a holding company; it can be any other type of business entity that decides to buy into another company. When a subsidiary is 100 percent owned by the parent company, it is called a wholly owned subsidiary

Explanation:

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