What is the sister company?

is a sister company with narrow associations for another company with a separate name and staff. Both companies are owned by the same parent and are considered to be subsidiaries of larger companies. While some subsidiaries are not closely related and may have limited interactions, others may have close connections and are examples of sister companies. It is possible for any number of companies to have this type of relationship. Companies in each sector can be sister companies. The company could own a chain of bar and grills under the ABC brand and another group of restaurants under the XYZ brand. Both chains can be associated, rather than operate completely separately. This can attract loyal customers to one brand and encourage them to try another, because they like the services of each sister company has the original brand.

has its own staff and brand. Is the responsible parent company but can work to a large extent autonomically if JDE on decision -making on purchasing, designing packaging and equipment, etc. Companies with sister relationship to each other can operate cross support and encourage customers of one to visit a sister company. They are usually careful to avoid operation in competition, focus on slightly different markets or work in different regions to provide complete coverage of the nation or state.

Products and services offered by sister companies may vary considerably. They can offer different levels of products and services to address different types of customers, which is one way to avoid conflict between subsidiaries. Their relationship of sister society can allow more industrial influence, as they can into the matter, such as collective negotiations on contracts or lobbying on changes in industrial standards and policies.

The fact that sister companies are owned by the same parent is notAlways obvious immediately. In some cases, the missions and information publication of the company may include a discussion of each sister company as part of a larger parent. In others, it may be necessary to dig to find out who owns society and learn more about the nature of their relationship. For parent companies, there may be benefits in the fact that they mark their subsidiaries with their own name, such as attraction of consumers who may try to avoid parent companies or try to visit more independent businesses.