Parent control is the process through which a parent company ensures that the way an alliance is managed conforms to its own interests.

Question

Quizplus · Accepted Answer

Parent control is implemented to ensure that the alliance or subsidiary is managed in a way that is consistent with the parent company's objectives, values, and interests. Through parent control, the parent company can safeguard its reputation, protect its assets, and maintain or enhance its competitiveness in the market. Therefore, the statement is true.

Parent Control Is the Process Through Which a Parent Company