The answer is: C. government company
A government company is a company in which the government has a controlling interest. This means that the government owns more than 50% of the company’s shares. Government companies are typically formed to provide essential services or to promote economic development.
A subsidiary is a company that is controlled by another company. The controlling company is known as the parent company. Subsidiaries are often formed to allow the parent company to expand into new markets or to enter into new lines of business.
In the case of XYZ company, which
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