A subsidiary is a company that is wholly owned or majority controlled by another company, the parent.. Companies form or purchase subsidiaries for various reasons, including expanding business operations and spreading the risk of liability by engaging in new lines of business.uch activities may cause liability issues for the parent, and a stakeholder (creditor or other party affected by the companies' business activities) can sue the parent for using the subsidiary to advance its own interests.
The essential differences between these devices would be the size, design, price and functionality of each device. For example you would not use a laptop or a computer to make calls, nor would you want to use a tablet to store a mountain of files.
1 A Notebook laptop is generally smaller than a regular Laptop. 2  Most people use the two terms interchangeably. 3  Even manufacturers don't agree on whether there is a difference or not. 4  I've seen the different terms applied to the same machine in different ads. A notebook generally has less features than a laptop such as: being lighter, having no CD/DVD drive, a smaller screen, and a lower-end graphics card.