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Extension of the parent organisationBranch is defined as an extension of the parent organisation, which is set up at another location, to increase their coverage. It carries out the same activities as performed by the head office.keydifferences.com/difference-between-branch-and-subsidiary.html- People also ask
Difference Between Branch and Subsidiary (with Example and …
Branch is defined as an extension of the parent organisation, which is set up at another location, to increase their coverage. It carries out the same activities as performed by the head office. The officer-in-charge of the branch is known as the branch manager, who is directly responsible for the work of the … See more
The term subsidiary company is a business entity, whose ownership and control is in the hands of another business enterprise. Usually, … See more
To sum up, branches are set up with the sole aim of increasing the business coverage and facilitating easy distribution of goods and services. On the other hand, owning a subsidiary … See more
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