Name a corporation that owns enough voting stock in another firm to control management and operations by influencing of electing its board of directors ?
Correct answer: C. Holding company
- A. Mother company
- B. Father company
- C. Holding company
- D. joint company
Explanation
A holding company controls another company by owning enough voting shares to influence or elect its board and direct management. It need not own all of the subsidiary's shares, unlike a wholly owned company.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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