Question

) Which is a true statement about Parent Companies?

a. Parent Companies and the related chains have changed over time
b. Parent Companies must consist of no more than five chains
c. Parent Companies can only consist of chains in a single Scale
d. Parent Companies can only have hotels in a single country

Answer 1

The true statement about Parent Companies is that they and their related chains have changed over time, reflecting the dynamic nature of corporate structures and market conditions.

Step-by-step explanation:

The correct statement about Parent Companies is: a. Parent Companies and the related chains have changed over time. A parent company is a business that owns enough voting stock in another company to control management and operations. The ownership of these subsidiaries can be through a range of more than five chains and these chains can span across a variety of scales. Also, parent companies are not limited to owning businesses in a single industry or a single country; they can have a global presence with a diverse portfolio.