• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Portfolio management

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Portfolio management

  • This topic has 3 replies, 3 voices, and was last updated 7 years ago by azzrina.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • December 1, 2015 at 9:22 am #286655
    azzrina
    Member
    • Topics: 4
    • Replies: 7
    • ☆

    I am confused as to the definition of synergy managers and parent developers. What is the difference between this two? I understand that a synergy manager (parent company) will achieve synergies between companies i.e through management of costs, setting targets and etc. How is this different from a parental developer? In my understanding, they are both involved, directly or indirectly, in the companies operation and provide the necessary help in order for the subsidiaries to achieve benefits. Am i wrong to understand it as such?

    Would appreciate your clarification. Ive gone through the notes, but i still dont understand the concept of these two relationship.

    December 1, 2015 at 9:32 am #286665
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10194
    • ☆☆☆☆☆

    There is overlap.

    You are completely correct about synergy – it’s where two together do better than the sum of their separate efforts, either by saving costs or boosting revenue.

    The idea behind parental development is that there is a transfer of knowledge and skills between the holding company and the subsidiary so that the subsidiary learns how to perform better. There is, of course, synergy here but it is not simply slashing costs or accessing each others’ customer lists. It is head office nurturing the subsidiary, teaching it how to do better or providing services to improve its performance.

    HTH

    December 1, 2015 at 10:24 am #286683
    munyaradzi
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    l think the parent developer is mainly concerned about offering unique skills that might not be available to the SBU manager’s that could be of value to the SBU

    December 1, 2015 at 11:18 am #286693
    azzrina
    Member
    • Topics: 4
    • Replies: 7
    • ☆

    Thank you for the clarification. I begin to see the difference now.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

 

ACCA My Exam Performance for non-variant Applied Skills exams is available NOW

NEW! Download the ACCA Pass Guide

FREE Verifiable CPD for ACCA Members

ACCA mock exams and debrief videos

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

Donate

If you have benefited from OpenTuition please donate.

ACCA CBE 2023 Exams

Instant Poll * How was your exam, and what was the result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Latest comments

  • Amalsudheesh on FA Chapter 6 Questions Depreciation
  • Ravendra Arjune on FA Chapter 22 Questions Group Accounts The Consolidated Statement of Financial Position (1)
  • Ken Garrett on The Nature of Performance Management – ACCA Advanced Performance Management (APM)
  • Mustafy on Objective of financial reporting – ACCA Financial Reporting (FR)
  • John Moffat on IAS 16 Property, Plant and Equipment – ACCA Financial Accounting (FA) lectures

Copyright © 2023 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy