BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A subsidiary mandate is a business, or element of a business, in. which the subsidiary participates and for which it has responsibilities. beyond its national market. This research studied thirty-one mandates in. six Canadian subsidiaries of U.S.-owned multinational corporations.

Detailed explanation-2: -A multinational will form a subsidiary to produce goods and services that cannot be produced in its home country. Having a subsidiary can also serve as a mechanism to enter a new market, rolling out a limited number of products before establishing the parent company’s full line abroad.

Detailed explanation-3: -Drawing upon the literature on boards of directors and international management, we identify four different roles performed by subsidiary boards in MNEs; namely, control, strategy, service, and coordination.

Detailed explanation-4: -Subsidiaries operate in the shadow of the larger parent organization, so a manager must balance the needs of two separate entities. A manager of a subsidiary is tasked with creating a vision that addresses both subsidiary’s goals and the parent organization’s primary mission.