Answer:
The answer to the following question is the parent company subsidiary relationship.
Explanation:
This relationship exists when a company controlling another by owning the majority voting of stock.
Generally, a Parent company subsidiary relationship means the relationship which exists when a corporation indirectly or directly owns shares by possessing more than the 50 percent of the voting power of another corporation.
In Parent companies, they can either hands-off or hands-on owners of subsidiaries.
It is virtually same as the holding companies.