Examveda

A specified country

A. Other Country

B. Other People

C. Parent Company

D. Other Subsidiary

Answer: Option C

Solution (By Examveda Team)

Parent Company is a specified country. A parent company is a company that owns enough voting stock in another firm to control management and operation by influencing or electing its board of directors. Companies that operate under this management are deemed subsidiaries of the parent company.

This Question Belongs to Management >> International Finance And Treasury

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