Q.

What do you mean by the term “holding company” is:

A. organization with a balanced portfolio of individual businesses
B. decentralized organization with a small head office that organizes finance for the subsidiaries
C. centralized organization with a small head office that helps subsidiaries develop and finance their strategies
D. decentralized organization with a large head office that offers a broad range of advice and services to subsidiaries
Answer» B. decentralized organization with a small head office that organizes finance for the subsidiaries
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