Understand that 'subsidiary' implies a power structure where the larger company makes key decisions. As a subsidiary, our strategy aligns with our parent company's directives.
Pro Tip 2/3
Global Presence
'Subsidiary' often indicates a company has international reach, with offices in multiple countries. Our subsidiaries in Asia contribute significantly to our global revenue.
Pro Tip 3/3
Financial Independence
A subsidiary may operate independently, but financial decisions are influenced by the parent company. The subsidiary presented its budget for approval by the board of the holding company.