JAMB Commerce 2018 Objective — Question 37

Question 37 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2018 Objective paper, with the correct answer and a full explanation.

A group of companies which is a collection of subsidiaries and their holding company is called

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

Explanation

A group of companies form an industry — a collection of subsidiaries, associate companies and their holding company.

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