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Tag: 2017 source edit |
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===Organisational Structure=== | ===Organisational Structure=== | ||
The modern Bay Trading Company Group is a group of horizontally integrated corporations (a {{wp|Concern_(business)#Flat|flat concern}}) of legally distinct corporations linked by a common apex management group, cross-shareholding, supply relationships, and a common strategy and branding. The Group comprises X "principals" - major corporations that hold shares in one another and participate directly in the Group's collective management - and the multiple nested tiers of subsidiaries owned by the principal corporations. | The modern Bay Trading Company Group is a group of horizontally integrated corporations (a {{wp|Concern_(business)#Flat|flat concern}}) of legally distinct corporations linked by a common apex management group, cross-shareholding, supply relationships, and a common strategy and branding. The Group comprises X "principals" - major corporations that hold shares in one another and participate directly in the Group's collective management - and the multiple nested tiers of subsidiaries owned by the principal corporations. |