Question:

A holding company is:

A.

An organization with a balanced portfolio of individual businesses

B.

A decentralized organization with a small head office that organizes finance for the subsidiaries

C.

A centralized organization with a small head office that helps subsidiaries develop and finance their strategies

D.

A decentralized organization with a large head office that offers a broad range of advice and services to subsidiaries

Answer» b. A decentralized organization with a small head office that organizes finance for the subsidiaries