Instead of manufacturing goods and offering services on its own, a holding company owns and manages the stock of other companies.

Name: Instead of manufacturing goods and offering services on its own, a holding company owns and manages the stock of other companies.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A holding company primarily exists to own shares of other companies, allowing it to control and manage them without directly engaging in their business operations.

Instead of Manufacturing Goods and Offering Services on Its Own