Parent organizations

A parent organization is a larger company or entity that oversees and controls one or more subsidiary companies. Think of it like a family: the parent organization is the parent, while the subsidiaries are the children. The parent provides guidance, resources, and management support, while the subsidiaries operate independently, focusing on their specific markets or products. This structure allows for efficient resource allocation and strategic alignment across different business units, enabling growth and sharing of best practices while keeping each subsidiary's operations separate.