According to the text,companies controlled by other companies (known as parent companies)through ownership of enough voting stock to elect a majority of the voting members on the company's board of directors are known as:
A) international companies.
B) affiliates.
C) virtual organizations.
D) networked organizations.
E) subsidiaries.

Question

Quizplus · Accepted Answer

Subsidiaries are companies controlled by other companies (known as parent companies) through ownership of enough voting stock to elect a majority of the voting members on the company's board of directors.

According to the Text,companies Controlled by Other Companies (Known as Parent