Hi All,
I'm an hourly employee at a company and they want to go to a different country for some work. Do I get paid for every hour that I'm on the road since I'm an hourly ...
I don't know the team building practice in other countries. In Malaysia, most of the companies conduct team building outside their premises, usually at resorts or hotels. The question is why do ...
i am taking a multi million pound company to the small claims court, it is all over £200. If i win i get back my £200 as a point of principle. If i loose do i get hit with a massive bill from the ...
I have to write a paper on a US company that has opened in other countries and explain the differences...but I can not come up with a company...anyone have any suggestions?!...
I am currently working 80-90 hours per week but as I am salaried am not being paid for the extra time. My boss told me it was required to work at least 10 hours per day. Some days I don't ...
i really get irritated by the commercials on tv by British Gas, BT, NPOWER etc. they claim that every 20 secs someone is coming back to them.
How can they claim this cos they all have ...
I was shopping at victoria's secret the other day, and the cashier asked me if i wanted to get savings, coupons, and other benefits to me just but signing up to something called an angel card, ...
I have always wanted to work from home, and it makes since to have a travel website, because almost everyone orders their flight and vaction deals on the computer. Has anyone heard of this is this a ...
College Kid
What is the difference between a "parent company" and a "sister company"?
Parent company - Owner or Beginner of another company.
Sister company - A company that is "related" to another company through a parent company.
Ex. Disney is a parent of Pixar and ABC, two sister companies
Homer J. Simpson
a parent company own a subsidiary comany.
two sister companies are owned by the came parent
C McQ
a parent comany is a company that starts and make a branch company
a sister company is a branching company and a nother branching company form the same parent company
Frank Castle
A Parent Company is a Bigger Company.
General Electric is the Parent of NBC Universal.
Adidas is the Parent of Reebok
Nike is the Parent of Converse
Time Warner is the Parent of CNN
Walt Disney is the Parent of Pixar
A Sister Company would be a division on the same company.
CNN is the Sister of TNT
ABC is the Sister of ESPN
MTV is the Sister of VH-1
Cartoon Network is the Sister of CNN
Fox is the Sister of FX
Top 3 Answerer in Business & Finance. (Vote for me)
Dr. Phil-lys
A parent company has controlling interest and a sister company is another company that your head company bought.
Example, if AT&T owns SBC and Yahoo, SBC and Yahoo are sister companies that operate under the ATT umbrella.
AOL and CNN are both now owned by Time Warner. Time Warner bought them so now CNN and AOL are sister companies with the same parent: Time Warner.
It's just one big insestual family out there. Everybody buying everybody to ultimately give the shareholders more money.
ThereseRose
The parent company is the main owner of the sister companies.
Karl the Webmaster
Relationships in companies are the same as in human families.
If you can imagine a person's family tree with several generations, then by cutting out a piece, you can see business relationships as well.
A company that owns other companies is a parent. It may also be the child of another company higher in the family tree.
Two or more companies that belong to the same parent are sister companies. Each of them could be parents of other companies below them.
In practice, the ultimate parent (top of the tree) is generally called the parent, and all other companies are called sister companies. It would be too complicated to talk about cousin and grandparent companies within one organization.
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