A subsidiary, subsidiary company or daughter company[1][2][3] is a company owned or controlled by another company, which is called the parent company or holding company.[4][5] Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary will be required to follow the laws where it is headquartered and incorporated. It will also maintain its own executive leadership.
The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way.[6] Examples of holding companies are Berkshire Hathaway,[7] Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries.
https://en.wikipedia.org/wiki/Subsidiary
https://en.wikipedia.org/wiki/Category:Types_of_business_entity
https://en.wikipedia.org/wiki/Category:Legal_entities
Administration may refer to:
Management of organizations
- Management, the act of directing people towards accomplishing a goal: the process of dealing with or controlling things or people.
- Administrative assistant, traditionally known as a Secretary, or also known as an administrative officer, administrative support specialist, or management assistant: a person whose work consists of supporting management
- Administration (government), management in or of government, the management of public affairs; government.
- Administrative division, a term for an administrative region within a country that is created for the purpose of managing of land and the affairs of people.
- Academic administration, a branch of an academic institution responsible for the maintenance and supervision of the institution
- Arts administration, a field that concerns business operations around an art organization
- Business administration, the performance or management of business operations
- Bachelor of Business Administration, bachelor's degree in commerce and Business administration
- Master of Business Administration, master's degree in Business administration
- Doctor of Business Administration, doctoral degree
- Central administration, the highest administrative department of an organization
- Engineering administration, a branch of Engineering
- Health administration, a field relating to leadership, management and administration of public health systems, hospitals and hospital networks
- Military administration, the techniques and systems used by military services involved in the management of the armed forces
- Public administration, advancement and implementation of government policy, or the management of public programs
- Master of Public Administration, master's degree in Public administration
- Doctor of Public Administration, doctoral degree
- Administration (law), whereby an insolvent company can continue trading under supervision
- Administration (British football): consequences in football when the club (as a business) enters legal administration.
- Administration in United Kingdom law
Other uses
- Administration (probate law), administration of an estate on death
- Database administration, the function of managing and maintaining DBMS software
- Drug administration, delivery of a drug into the body
- Route of administration, path by which a drug, fluid, poison or other substance is taken into body
- Land administration, the way in which the rules of Land tenure are applied and made operational
- Network administration, configuration of a computer network
- System administration, the upkeep, configuration, and reliable operation of computer systems
See also
- Administrator (disambiguation)
- Bureaucracy
- Presidency (US usage, as in "the Biden administration")
If an internal link led you here, you may wish to change the link to point directly to the intended article.
https://en.wikipedia.org/wiki/Administration
https://en.wikipedia.org/wiki/Good_standing
https://en.wikipedia.org/wiki/Division_(business)
https://en.wikipedia.org/wiki/Conglomerate_(company)
https://en.wikipedia.org/wiki/Business_administration
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies.[1] A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group.
https://en.wikipedia.org/wiki/Holding_company
The Federal Railroad Administration (FRA) is an agency in the United States Department of Transportation (DOT). The agency was created by the Department of Transportation Act of 1966.[3] The purpose of the FRA is to promulgate and enforce rail safety regulations, administer railroad assistance programs, conduct research and development in support of improved railroad safety and national rail transportation policy, provide for the rehabilitation of Northeast Corridor rail passenger service, and consolidate government support of rail transportation activities.[4]
The FRA is one of ten agencies within DOT concerned with intermodal transportation. It operates through seven divisions under the offices of the Administrator and Deputy Administrator. These divisions are: Financial Management and Administration, Chief Counsel, Civil Rights, Public Affairs, Public Engagement, Railroad Policy and Development, and Safety. It has a staff of about 850.[5]
https://en.wikipedia.org/wiki/Federal_Railroad_Administration
The United States Department of Transportation (USDOT or DOT) is one of the executive departments of the U.S. federal government. It is headed by the secretary of transportation, who reports directly to the president of the United States and is a member of the president's Cabinet.
The department's fiscal year 2022-2026 strategic plan states that its mission is "to deliver the world's leading transportation system, serving the American people and economy through the safe, efficient, sustainable, and equitable movement of people and goods."[2]
https://en.wikipedia.org/wiki/United_States_Department_of_Transportation
The federal government of the United States (U.S. federal government or U.S. government)[a] is the national government of the United States, a federal republic located primarily in North America, composed of 50 states, five major self-governing territories, several island possessions, and the federal district and national capital of Washington, D.C., where most of the federal government is based.
The U.S. federal government, sometimes simply referred to as Washington, is composed of three distinct branches: legislative, executive, and judicial, whose powers are vested by the U.S. Constitution in the Congress, the president, and the federal courts, respectively. The powers and duties of these branches are further defined by acts of Congress, including the creation of executive departments and courts inferior to the U.S. Supreme Court.
https://en.wikipedia.org/wiki/Federal_government_of_the_United_States
The Bureau of Transportation Statistics (BTS), part of the United States Department of Transportation, is a government office that compiles, analyzes, and publishes information on the nation's transportation systems across various modes; and strives to improve the DOT's statistical programs through research and the development of guidelines for data collection and analysis. BTS is a principal agency of the U.S. Federal Statistical System.
https://en.wikipedia.org/wiki/Bureau_of_Transportation_Statistics
The Federal Statistical System of the United States is the decentralized network of federal agencies which produce data and official statistics about the people, economy, natural resources, and infrastructure of the United States.
https://en.wikipedia.org/wiki/Federal_Statistical_System_of_the_United_States
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