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.
The Battle of Midway The Battle of Midway, fought in World War II, took place on June 5, 1942 (June 4-June 7 in US time zones). The United States Navy defeated a Japanese attack against Midway Atoll, marking a turning point in the war in the Pacific theatre. Fought just a month after the Battle of the Coral Sea, Midway was the turning point of the Pacific Campaign.