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Subsidiary
A SUBSIDIARY, SUBSIDIARY COMPANY or DAUGHTER COMPANY is a company that is owned or controlled by another company, which is called the parent company , parent, or holding company . The subsidiary can be a company, corporation , or limited liability company . In some cases it is a government or state-owned enterprise . In some cases, particularly in the music and book publishing industries, subsidiaries are referred to as imprints . In the United States railroad industry, an OPERATING SUBSIDIARY is a company that is a subsidiary but operates with its own identity, locomotives and rolling stock . In contrast, a NON-OPERATING SUBSIDIARY would exist on paper only (i.e., stocks, bonds, articles of incorporation) and would use the identity of the parent company . Subsidiaries are a common feature of business life, and most multinational corporations organize their operations in this way
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Michigan
MICHIGAN (/ˈmɪʃɪɡən/ ( listen )) is a state in the Great Lakes and Midwestern regions of the United States
United States
. The state's name, Michigan, originates from the ( Ojibwe
Ojibwe
word) mishigamaa, meaning "large water" or "large lake". Michigan
Michigan
is the tenth most populous of the 50 United States
United States
, with the 11th most extensive total area, and the largest state by total area east of the Mississippi River
Mississippi River
. Michigan's capital is Lansing
Lansing
, and its largest city is Detroit
Detroit
. Michigan
Michigan
is the only state to consist of two peninsulas . The Lower Peninsula
Peninsula
, to which the name Michigan
Michigan
was originally applied, is often noted to be shaped like a mitten
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Delaware
DELAWARE (/ˈdɛləwɛər/ ( listen )) is a state located in the Mid-Atlantic or Northeastern regions of the United States
United States
. It is bordered to the south and west by Maryland
Maryland
, to the northeast by New Jersey , and to the north by Pennsylvania
Pennsylvania
. The state takes its name from Thomas West, 3rd Baron De La Warr , an English nobleman and Virginia
Virginia
's first colonial governor. Delaware
Delaware
occupies the northeastern portion of the Delmarva Peninsula and is the second smallest , the sixth least populous , but the sixth most densely populated of the 50 United States. Delaware
Delaware
is divided into three counties , the lowest number of counties of any state. From north to south, the three counties are New Castle , Kent , and Sussex
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Brentwood, Essex
BRENTWOOD is a town in and the principal settlement of the Borough of Brentwood , in the county of Essex
Essex
in the East of England
East of England
. It is located in the London
London
commuter belt , 20 miles (30 km) east-north-east of Charing Cross , and near the M25 motorway
M25 motorway
. According to the 2011 Census the town had a population of 49,463. It is a suburban town with a small but expanding shopping area and high street. Beyond this are residential developments surrounded by open countryside and woodland; some of this countryside lies within only a few hundred yards of the town centre. Brentwood has been twinned since 1978 with Roth , Germany and since 1994 with Montbazon , France. It also has a relationship with Brentwood, Tennessee in the United States
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Essex
ESSEX /ˈɛsɪks/ is a county in the East of England
England
immediately north-east of London
London
and is one of the home counties . It borders the counties of Suffolk
Suffolk
and Cambridgeshire
Cambridgeshire
to the north, Hertfordshire
Hertfordshire
to the west, Kent
Kent
across the estuary of the River Thames to the south and London
London
to the south-west. The county town is Chelmsford , which is the only city in the county. Essex
Essex
occupies the eastern part of the former Kingdom of Essex , which subsequently united with the other Anglian and Saxon
Saxon
kingdoms to make England
England
a single nation state
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Dearborn, Michigan
DEARBORN is a city in the State of Michigan
Michigan
. It is located in Wayne County and is part of the Detroit
Detroit
metropolitan area . Dearborn is the eighth largest city in the State of Michigan
Michigan
. As of the 2010 census , it had a population of 98,153. First settled in the late 18th century by French farmers in a series of ribbon farms along the Rouge River and the Sauk Trail , the community grew with the establishment of the Detroit
Detroit
Arsenal on the Chicago Road linking Detroit
Detroit
and Chicago. It later grew into a manufacturing hub for the automotive industry. The city was the home of Henry Ford
Henry Ford
and is the world headquarters of the Ford Motor Company
Ford Motor Company

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Caterham Cars
CATERHAM CARS is a British manufacturer of specialist lightweight sports cars established in Caterham
Caterham
, Surrey, with their headquarters in Crawley, Sussex . Their current model, the Caterham 7 (or Seven), originally launched in 1973, is a direct evolution of the Series 3 Lotus Seven designed by Colin Chapman . In the 1990s the company made the Caterham
Caterham
21 , a two-seater soft top alternative to the MGF and Lotus Elise , (which both sold many more units). A track-only car, the SP/300.R , a joint project with Lola was released for customer testing in 2010 and was scheduled for release in 2013. On 27 April 2011, Team Lotus owner Tony Fernandes
Tony Fernandes
announced that he had purchased Caterham
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Company (law)
A COMPANY, abbreviated CO., is a legal entity made up of an association of people, be they natural , legal , or a mixture of both, for carrying on a commercial or industrial enterprise. Company
Company
members share a common purpose and unite in order to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals . Companies take various forms such as: * Voluntary associations which may include nonprofit organization * A group of soldiers * Business
Business
entities with an aim of gaining a profit * Financial entities and banks A company or association of persons can be created at law as legal person so that the company in itself can accept limited liability for civil responsibility and taxation incurred as members perform (or fail) to discharge their duty within the publicly declared "birth certificate" or published policy
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James Bond
The JAMES BOND series focuses on a fictional British Secret Service agent created in 1953 by writer Ian Fleming
Ian Fleming
, who featured him in twelve novels and two short-story collections. Since Fleming's death in 1964, eight other authors have written authorised Bond novels or novelizations: Kingsley Amis , Christopher Wood , John Gardner , Raymond Benson , Sebastian Faulks , Jeffery Deaver , William Boyd and Anthony Horowitz . The latest novel is Trigger Mortis by Anthony Horowitz, published in September 2015. Additionally Charlie Higson wrote a series on a young James Bond
James Bond
, and Kate Westbrook wrote three novels based on the diaries of a recurring series character , Moneypenny . The character has also been adapted for television, radio, comic strip, video games and film
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OEM
An ORIGINAL EQUIPMENT MANUFACTURER (OEM) is a company that produces parts and equipment that may be marketed by another manufacturer. For example, if Acme Manufacturing Co. makes power cords that are used on IBM computers, Acme is an OEM. However, the term is used in several other ways, which causes ambiguity . It sometimes means the maker of a system that includes other companies' subsystems, an end-product producer, an automotive part that is manufactured by the same company that produced the original part used in the automobile's assembly, or a value-added reseller . CONTENTS * 1 Automotive parts * 2 Computer software * 3 Economies of scale * 4 See also * 5 References AUTOMOTIVE PARTSWhen referring to auto parts, OEM refers to the manufacturer of the original equipment, that is, the parts assembled and installed during the construction of a new vehicle
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Morgan Motor Company
The MORGAN MOTOR COMPANY is a family-owned British motor car manufacturer that was founded in 1910 by Henry Frederick Stanley Morgan . Morgan is based in Malvern Link , an area of Malvern, Worcestershire and employs 177 people. Morgan has stated that they produce "in excess of 1300" cars per year, all assembled by hand. The waiting list for a car is approximately six months, although it has been as long as ten years in the past. A visitor centre and museum feature exhibits about the company's history from Edwardian times until the present day, developments in automobile technology, and a display of automobiles. There are also guided tours of the factory
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Ford Of Britain
FORD OF BRITAIN (officially FORD MOTOR COMPANY LIMITED) is a British wholly owned subsidiary of Ford of Europe
Ford of Europe
, itself a subsidiary of Ford Motor Company
Ford Motor Company
. Its business started in 1909 and has its registered office in Brentwood, Essex
Brentwood, Essex
. It adopted the name of Ford of Britain in 1960. Ford of Britain
Ford of Britain
operates three major manufacturing sites in the UK, in Bridgend (petrol engine production), Dagenham
Dagenham
(diesel engine production) and Halewood
Halewood
(transmissions). It also operates a large research and development facility in Dunton , Essex, which employs over 3,000 engineers. Ford has been the UK's biggest-selling car and commercial vehicle brand for 34 and 45 consecutive years respectively
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Corporate Law
CORPORATE LAW (also known as BUSINESS LAW or ENTERPRISE LAW or COMPANY LAW or TRADE LAW or COMMERCIAL LAW) is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce , merchandising , trade , and sales. It studies how shareholders , directors , employees , creditors , and other stakeholders such as consumers , the community , and the environment interact with one another. Corporate law
Corporate law
is a part of a broader companies law (or law of business associations). It is often considered to be a branch of civil law and deals with issues of both private law and public law . Other types of business associations can include partnerships (in the UK governed by the Partnership Act 1890), or trusts (like a pension fund), or companies limited by guarantee (like some community organizations or charities)
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Oceania
OCEANIA (UK : /ˌoʊʃiˈɑːniə, ˌoʊsi-/ or US : /ˌoʊʃiːˈæniə/ ) is a term used to denote a continent , or a region , comprising Australia
Australia
and the Pacific islands
Pacific islands
. Oceania consists of four subregions : Australasia , Melanesia
Melanesia
, Micronesia
Micronesia
, and Polynesia
Polynesia
. Located in the eastern and western hemispheres , Oceania
Oceania
covers an area of 8,525,989 square kilometres (3,291,903 sq mi) and has a population of 41,050,699. Oceania
Oceania
is the smallest continental grouping in land area and the second smallest after Antarctica
Antarctica
in population
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Australia
Coordinates : 25°S 133°E / 25°S 133°E / -25; 133 Commonwealth of Australia Flag Coat of arms ANTHEM: " Advance Australia Fair
Advance Australia Fair
" CAPITAL Canberra
Canberra
35°18′29″S 149°07′28″E
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Corporations Act 2001
The CORPORATIONS ACT 2001 (CTH) (the Corporations Act, or informally as the 'Corps' Act) is an act of the Commonwealth of Australia
Australia
that sets out the laws dealing with business entities in Australia
Australia
at federal and interstate level. It focuses primarily on companies , although it also covers some laws relating to other entities such as partnerships and managed investment schemes. The Corporate Law Economic Reform Program Act 2004 reforms simplified the statute. At several thousand pages long, the statute dwarfs those of other nations such as Sweden, whose corporations statute, comparatively, is less than 200 pages long. The Corporations Act is the principal legislation regulating companies in Australia. It regulates matters such as the formation and operation of companies (in conjunction with a constitution that may be adopted by a company), duties of officers, takeovers and fundraising
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