The Corporation Owning All or a Majority of the Voting

question 21

True/False

The corporation owning all or a majority of the voting stock of another corporation is known as the parent company.

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Definitions:

Internal Fit

Refers to the alignment between an organization's human resources strategies, policies, and practices with its overall business strategy to create cohesiveness and enhance performance.

HR Practices

Activities and policies implemented by the human resources department to manage and support an organization's workforce, including hiring, training, performance management, and benefits administration.

Labour Shortage

A situation where there are insufficient qualified candidates available in the job market to fulfill the employment needs of employers.

Corporate Social Responsibility

The responsibility of the firm to act in the best interests of the people and communities affected by its activities