A Company That Owns More Than 50% of the Common

question 64

Multiple Choice

A company that owns more than 50% of the common stock of another company is known as the

• A) charge company.
• B) subsidiary company.
• C) parent company.
• D) management company.

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Definitions:

Top Management

The highest level of managers in an organization, typically responsible for strategic decisions and overall operations.

Planning

Planning involves setting goals and determining the most effective course of action to achieve those goals.

Long-term Plans

Strategic roadmaps developed to achieve goals and objectives over an extended period, typically beyond one year.

Short-term Plans

Strategic objectives and actions designed to be implemented and achieved within a brief period, usually less than a year.