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Q: Does the subsidiary need to be dissolved in parent company is dissolved?
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What can the group Human resources of a company do to butress the activites of a subsidiary which has its own Human resources Department?

Butt out springs to mind. If the subsidiary has an effective, viable, smoothly-functioning HR department then it doesn't need fixing, buttressing, or any other interference just for the sake of having a finger in the pie of that subsidiary. If the subsidiary's HR policy and procedure is not working as well as that of the parent company, then the parent will have to decide how serious the situation is; whether the entire HR should be encompassed by the parent company, or whether the subsidiary's problems can be fixed to the extent that its HR can continue functioning but in a more effective manner. The latter course will involve close observation and consultation, undertaken in a sensitive and positive manner. There is no point the parent company becoming involved if its HR people are going to charge in noisily, step on toes, and leave the subsidiary floundering and functioning less effectively than it was in the first place.


What are the advantages and disadvantages of using wholly-owned subsidiaries?

Advantages of wholly-owned subsidiaries include a tight control when it comes to operations, the ability to experience economies, and the protection of technology. The main disadvantage is that you will have responsibility for all of the costs and risks, which may be very high at times.


How do you create a sister company?

A sister company generally means a company that has the same corporate parent as another. For example, if Corporation A and Corporation B are both subsidiaries of Corporation XYZ, Corporation A and Corporation B are sister companies. I have occasionally seen two companies which are owned by the same individual referred to as sister companies since they have the same ownership (just like in the parent-sub example) but that usage is less common. In that case, there is no "parent" company. If you have only one company and want a sister company in the classic sense, you need to first set up a holding company to own the shares of the first company and then set up a new subsidiary under the holding company.


How do you create a company?

A sister company generally means a company that has the same corporate parent as another. For example, if Corporation A and Corporation B are both subsidiaries of Corporation XYZ, Corporation A and Corporation B are sister companies. I have occasionally seen two companies which are owned by the same individual referred to as sister companies since they have the same ownership (just like in the parent-sub example) but that usage is less common. In that case, there is no "parent" company. If you have only one company and want a sister company in the classic sense, you need to first set up a holding company to own the shares of the first company and then set up a new subsidiary under the holding company.


Foreign direct investment helps in accelerating the rate of economic growth of host country Discuss and also explain the limitations of foreign direct investment?

Foreign direct investment may threaten local industries: As foreign companies put money into a nation and buy its companies and even bring in some of their own offices, local governments may feel a loss of economic power as all of it will be consolidated in the hands of foreign companies. Foreign companies may also drive less profitable local companies out of businesses and hurt national (not foreign) industry. As a result, many developing nations put strict limitations on the amounts of foreign direct investment in their nations. The above answer is correct - this supplemental answer expands on this principle. Foreign national companies are foreign owned. While that sounds obvious, it has subtle but important implications on the governance and operation of the company. 1. Profit In the free economy, companies exist to make profit. A wholly owned subsidiary of another company has a business obligation to generate profit for its parent company. Profit is transferred from the subsidiary company to the parent company through earnings and dividends. Locally owned companies keep their profit in the local economy - that means that the profit stays in the country, and thereby creates wealth within the local economy. A subsidiary of a foreign national company returns some of its profit to its foreign-owned parent company. This profit leaves the country, and therefore less wealth accumulates in the local economy. To use a crude analogy, it is akin to owning a house, where you accumulate wealth through the equity you accrue, compared to renting a house, where all your payments go to someone else. The house accumulates wealth whether you own or rent it, but if you rent the house, it is not your wealth - someone else is accumulating that wealth. Similarly, when a foreign national owns a local company, that foreign parent company accumulates the wealth generated from the profits of the local company, and that wealth is not available to the local economy. 2. SovereigntySome countries, such as the United States of America (USA), have laws that restrict certain activities of subsidiary companies. For example, the 1992 Cuban Democracy Act of the USA forbids all USA companies, and their subsidiaries (no matter where they operate) from trading with Cuba. Under USA law, therefore, it is illegal for a USA owned subsidiary that operates in Canada to trade with Cuba, even though there are no laws in Canada restricting such trade. While Canadian companies - even USA owned Canadian companies - can not be brought before a USA court, there have been cases in which the USA parent company, or its employees, have been prosecuted in the USA because its subsidiary company in Canada traded with Cuba (See http://www.csmonitor.com/2002/0426/p06s01-woam.htm). Therefore, foreign owned subsidiary companies may be forbidden by their parent companies to engage in such activities, even though these activities are completely legal in the subsidiary company's country. There is an argument that this foreign national control is tantamount to the erosion of the sovereignty. 3. Asymmetric InvestmentCompanies need investments of capital, resources, and knowledge. Foreign investment typically refers only to capital investment - money. A foreign national company will invest only as much knowledge it needs to in order to operate the subsidiary. A foreign car manufacturer, for example, may open a subsidiary manufacturing plant in your country, but it will continue to design and develop new lines of automobiles in its foreign parent company. The workers in the local subsidiary do not gain the benefit of working in the highly skilled occupations found in the foreign parent company. This creates a potential for a second class economy, in which the local economy must be satisfied with less skilled work than the foreign parent company.


How do you use the word transfuse in a sentence?

Doctors often need to transfuse blood to a patient during a major operation. The company had to transfuse some of its cash into the failing subsidiary.


Is Barclays Investment bank?

No. Barclays Plc is a commercial bank. Barclays has a subsidiary company called Barclays Capital, it performs investment banking activities.


Do subsidiary ledger systems need to be reconciled with the general ledger?

yes


Which company owns lenovo desktop?

Lenovo desktop is currently a self run buisness, with no parent company whatsoever. They make awesome brands of computers for almost any need of a person.


What is a subsidairy?

A subsidiary is a branch of main branch. For example if the company headquarter is located in one city, when business grows then it will need the other supportive units to take care of the other parts of the market. These units are known as subsidiaries.


Does the one parent need consent from other parent?

For what?


If you are sixteen can you get plastic surgery?

you need to ask your parent or adopted parent