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.
Sherman's Atlanta Campaign captured a crucial military target, boosting the Northern war effort, but it was the March to the Sea for which Sherman and his men are best known. By destroying Confederate war resources and demonstrating the strength of the Union forces, the March to the Sea was in many ways the beginning of the end for the Confederate cause.