What Is a Division of a Company?

A division is a smaller part of a parent company that is in charge of products or services that are different from what the parent company offers. The name of a division may or may not be the same as that of the parent company.

When a big company sells more than one kind of product or service, they usually split into different divisions. Each division works on a different part of the business plan for the parent company. The parent company is legally responsible for its divisions’ debts and obligations. A subsidiary, on the other hand, is a separate legal entity even though it is still owned by the parent company.

Joel Gomez
Joel Gomezhttps://www.gadgetclock.com
Joel Gomez is an Avid Coder and technology enthusiast. To keep up with his passion he started Gadgetclock 3 years ago in 2018. Now It's his hobby at the night :) If you have any questions/queries and just wanna chit chat about technology, shoot a mail - Joel at gadgetclock com.

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