Multiple Choice
A holding firm is:
A) A financial term to designate any firm
B) A firm that belongs to the state, or is state-related
C) A conglomerate which is highly diversified, and where no linkages exist between its businesses
D) A parent company that owns controlling stakes in several subsidiaries, but, beyond appointing the boards, does not exert significant management control
Correct Answer:
Verified
Correct Answer:
Verified
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