For example:
Pixar is a parent company of the channel ABC
and
AOL is a sister company of CNN
2006-06-26 13:45:44 · 9 answers · asked by College Kid 5 in Business & Finance ➔ Corporations
Parent company - Owner or Beginner of another company.
Sister company - A company that is "related" to another company through a parent company.
Ex. Disney is a parent of Pixar and ABC, two sister companies
2006-06-26 13:49:23 · answer #1 · answered by Anonymous · 2⤊ 0⤋
What Is A Sister Company
2016-11-15 04:56:50 · answer #2 · answered by heyder 4 · 0⤊ 0⤋
Relationships in companies are the same as in human families.
If you can imagine a person's family tree with several generations, then by cutting out a piece, you can see business relationships as well.
A company that owns other companies is a parent. It may also be the child of another company higher in the family tree.
Two or more companies that belong to the same parent are sister companies. Each of them could be parents of other companies below them.
In practice, the ultimate parent (top of the tree) is generally called the parent, and all other companies are called sister companies. It would be too complicated to talk about cousin and grandparent companies within one organization.
2006-06-26 15:07:53 · answer #3 · answered by Karl the Webmaster 3 · 0⤊ 0⤋
A Parent Company is a Bigger Company.
General Electric is the Parent of NBC Universal.
Adidas is the Parent of Reebok
Nike is the Parent of Converse
Time Warner is the Parent of CNN
Walt Disney is the Parent of Pixar
A Sister Company would be a division on the same company.
CNN is the Sister of TNT
ABC is the Sister of ESPN
MTV is the Sister of VH-1
Cartoon Network is the Sister of CNN
Fox is the Sister of FX
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2006-06-26 19:33:25 · answer #4 · answered by Anonymous · 1⤊ 0⤋
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RE:
What is the difference between a "parent company" and a "sister company"?
For example:
Pixar is a parent company of the channel ABC
and
AOL is a sister company of CNN
2015-08-06 22:35:11 · answer #5 · answered by Anonymous · 0⤊ 0⤋
A parent company has controlling interest and a sister company is another company that your head company bought.
Example, if AT&T owns SBC and Yahoo, SBC and Yahoo are sister companies that operate under the ATT umbrella.
AOL and CNN are both now owned by Time Warner. Time Warner bought them so now CNN and AOL are sister companies with the same parent: Time Warner.
It's just one big insestual family out there. Everybody buying everybody to ultimately give the shareholders more money.
2006-06-26 13:51:34 · answer #6 · answered by Dr. Phil-lys 4 · 1⤊ 0⤋
The parent company is the main owner of the sister companies.
2006-06-26 13:48:44 · answer #7 · answered by Anonymous · 1⤊ 0⤋
a parent comany is a company that starts and make a branch company
a sister company is a branching company and a nother branching company form the same parent company
2006-06-26 13:50:16 · answer #8 · answered by C McQ 2 · 1⤊ 0⤋
a parent company own a subsidiary comany.
two sister companies are owned by the came parent
2006-06-26 13:49:58 · answer #9 · answered by Homer J. Simpson 6 · 1⤊ 0⤋