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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Portfolio Management
Dear sir,
Goold and Campbell Johnson, Scholes and Whittington
Financial control = Portfolio Manager
Strategic Control = Synergy Manager
Strategic Planning = Parental development
Are they same??
If not, what are the concept behind??
Thanks.
Best regards,
Leornado
Almost the same. Both deal with the way head runs their subsidiaries.
Financial control = Portfolio Manager. These are the same
Strategic Control = Synergy Manager. More or less the same because synergy will normally arise from some sort of control to achieve savings etc.
Strategic planning: more interference than above. These people see, perhaps an industry changing and they need to buy into new technology. Eg a gas boiler company buying a solar panel maker.
Parental developer is how the holding company can improve the performance of a subsidiary by being able to help it where help is needed.