Enterprise
The definition of a mother or father company differs by jurisdiction, with the definition usually being defined by the use of laws coping with companies in that jurisdiction. The trade union, by way of its management, bargains with the employer on behalf of union members and negotiates labor contracts with employers. The commonest purpose of these associations or unions is "maintaining or bettering the situations of their employment". This may include the negotiation of wages, work rules, grievance procedures, rules governing hiring, firing, and promotion of staff, benefits, office safety and insurance policies. The environment friendly and effective operation of a business, and study of this subject, is called administration. The main branches of management are financial administration, marketing administration, human useful resource administration, strategic management, manufacturing management, operations management, service management, and knowledge technology administ