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Chapter 18 page 523. :)

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Q: Types of controls in an international company?
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What is a company that controls another company?

A company that controls another company is called the parent company and the company it controls is called a subsidiary


When was International Controls Corporation created?

International Controls Corporation was created in 1965.


Assess the types of controls in an international company?

Corporate control is referred to as the majority stockholder, having the ability to influence the Board of Directors. In an international business, subsidiaries and affiliates are controlled by the parent company in a variety of different manners. Much depends on the management of the executives, percentage of ownership by the parent company and financial goals of the company. Certain tax situations may be available where a parent company may cause a loss at one affiliate for overall success of the parent or for the bolstering of another affiliate. This question sounds like these are the controls the writer was speaking of. More can be found on the web by looking up and researching financial controls or corporate accounting. I hope this at least gave some direction. I am a bit rusty in this field.


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