When an existing company establishes a new company or firm and keeps majority shares with itself, it is called a parent company. This new company or firm is called a ___________.
A: holding company
B: subsidiary
C: joint venture
D: Sole proprietorship
A: holding company
B: subsidiary
C: joint venture
D: Sole proprietorship
举一反三
- 中国大学MOOC: When an existing company establishes a new company or firm and keeps majority shares with itself, it is called a parent company. This new company or firm is called a ___________.
- A company which owns another company is called a parent company.
- Subsidiary refers to a company that is owned or controlled by another larger company, i.e. parent company.( )
- A company which is more than 50% owned by a parent company is called a _____________.
- The target company is the firm being solicited by the acquiring company.