Nov 22, 2023
Binus Business Faculty
In 2003, for instance, the People’s Republic of China modeled 80% of its state-owned enterprises on a company-type management system. Many state institutions and enterprises in China and Russia have reworked into joint-stock corporations, with a half of their shares being listed on public inventory markets. The efficient and efficient operation of a business, and study of this subject, is called administration. The major branches of management are monetary administration, advertising management, human useful resource management, strategic administration, manufacturing management, operations management, service management, and knowledge expertise management. A parent company is a company that owns sufficient voting inventory in one other agency to regulate administration and operations by influencing or electing its board of administrators; the second firm being deemed as a subsidiary of the parent firm. The definition of a father or mother company differs by jurisdiction, with the definition usually being outlined by the use of legal …
More Details