The business environment

1 If A Co owns B Co and B Co owns C Co, B Co is a direct subsidiary of A Co and C Co is an indirect subsidiary of A Co.. 2 Any current fashion, fad, change in outlook, change of habit or preferences of a section of the population. For example, in many countries cigarette smoking is declining. Again, in many countries people are more concerned about the environmental impacts of their consumption habits and try to reduce their impact.

For direct and indirect subsidiary,could you give me an example of a product to illustrate. Thanks.

It is nothing to do with products, it is ownership of companies.