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How should personnel ratios be managed in a small firm?
Controlling Interest
An ownership interest in a company that gives the holder a majority of voting rights, often allowing for control over the company’s policies and decisions.
Subsidiary
A company that is completely or partially owned and controlled by another company, known as the parent company.
Parent
A company which has control over another company or companies, typically through ownership of a majority of shares.
Senior Entity
A senior entity is a leading or controlling organization in a relationship, often referring to a parent company in a group of companies or the main party in partnerships.
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