Companies within companies
posted on
Dec 19, 2010 07:39PM
"Enhancing Management efficiency"
The reasons corporations are establishing companies within themselves is simple:
They hope to boost management efficiency by creating specialized units that are better able to adapt to changing market conditions.
The "in house company" system has been designed to boost management efficiency through speedier decision making and more clearly defined chain of cammand. A number of firms have announced plans to turn all their divisions into in house subsidiaries.
I believe greengo defined subsidiaries yesterday.
fwiw
m