When a lesser number of costs and risks are desirable, or when it is not possible to obtain complete or majority control, the parent company might introduce an affiliate, associate or associate company in which it would own a minority stake.
Shermanâs March to the Sea was a campaign during the American Civil War. It was a march from Atlanta, GA to Savannah, GA. The campaign was a month long that took place from November 1864 to December 1864. It is called Shermanâs March to the Sea because the officer in command was Major General William Tecumseh Sherman. The campaign is most famous for the destruction that was left in the wake of Shermanâs army.
No word would be heard from him for the next five weeks. Unbeknownst to his enemy, Sherman's objective was the port of Savannah. His army of 65,000 cut a broad swath as it lumbered towards its destination. Plantations were burned, crops destroyed and stores of food pillaged.