The close relationship between subsidiaries is important for businesses to be successful. It allows companies to effectively develop their products and services, from research and development to production and sale. Through subsidiaries, businesses can gain access to new markets, reduce costs, and diversify their operations. This is beneficial in terms of both cost savings and marketing potential. It also allows companies to diversify their operations and develop new products that can be used to increase profitability and market share. By leveraging the resources of its subsidiaries, companies can achieve their long-term goals and objectives.
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