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Subsidiary

usgb/səbˈsɪdieri/Volume
Left Definition 1 of 3Right
LampPro Tip 1/3
Business HierarchyPlay
Understand that 'subsidiary' implies a power structure where the larger company makes key decisions. SlideAs a subsidiary, our strategy aligns with our parent company's directives.
LampPro Tip 2/3
Global PresencePlay
'Subsidiary' often indicates a company has international reach, with offices in multiple countries. SlideOur subsidiaries in Asia contribute significantly to our global revenue.
LampPro Tip 3/3
Financial IndependencePlay
A subsidiary may operate independently, but financial decisions are influenced by the parent company. SlideThe subsidiary presented its budget for approval by the board of the holding company.