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When two companies are run by the same top management or person, they are called as sister companies

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Q: What is mean by sister concern company?
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Another word for sister concern?

Subsidiary, subsidiary company, daughter company are another words for sister concern. Sister concern is also called as sister company. A sister concern is a company fully or partly owned by another company and has more than 50 percent of stakes in it holding all the control on activities and policies.


Why company is called sister concern not the brother concern?

girls are more concerned about their things and work than Boy's indirectly they cal as sister concern than girls or brother concern


Introduction of sister concern of a parent co to a customer who disqualified the parent concern for some reason?

I'd like to introduce you to our sister concern company, which operates independently from our parent company. While we understand your disqualification of our parent company for some reason, we believe that our sister concern can offer you a fresh perspective and a different experience. Our sister concern maintains its own standards and values, and we are confident that they can provide you with the service and products you require.


Why the alternative company of same concern is called sister concern?

Because genrally companies either wish to undertake different line of business under a new name or wish to save taxes iwith separate identity


What are the sister concern companies of TC'S?

wireless


What is the definition of sister concern?

If two companies are owned or controlled by the same entity or person, they are sister companies.


What is sister company and mother company?

A sister company is a company with the same owner while a mother company is the owner


What is going-concern Assumption?

Going concern is the assumption that the company will be around for the foreseeable future. If an auditor has a going concern issue, he/she may fear that the company will go bankrupt, etc.


How do you write an email to your boss for leave regarding your sister's marriage?

It is best to do it in person or on the phone. Email is too impersonal and shows a lack of concern for your relationship with the company. Honesty is ALWAYS the BEST policy


Who can you complain to about Verizon?

you can call the company and tell the your concern


What is the definition of allied concern company?

allied firms


Does a sister company carries the liability of a mother company?

NO