Commerce JAMB

A group of companies is a collection of?

A. subsidiaries and their holding company
B. firms
C. associates and their holding company
D. industries

Correct Answer:

Option A – subsidiaries and their holding company

Explanation

An industry is a group of companies that are related based on their primary business activities. it is also a group of manufacturers or businesses that produce a particular kind of goods or services. Workers in the textile industry design, fabricate, and sell cloth.

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