What is the meaning of branch office?

What is the meaning of branch office?

A branch office is a location, other than the main office, where a business is conducted. Most branch offices consist of smaller divisions of different aspects of the company such as human resources, marketing, and accounting.

What is secretariat in simple words?

countable noun. A secretariat is a department that is responsible for the administration of an international political organization.

What is the meaning of secretary office?

1 a person who handles correspondence, keeps records, and does general clerical work for an individual, organization, etc. 2 the official manager of the day-to-day business of a society or board. 3 (in Britain) a senior civil servant who assists a government minister.

What is another term for secretariat?

What is another word for secretariat?

administrative agency administrative department
administrative office agency
bureau department
government department government office

Which branch is similar to agent of head office?

Comparison Chart

Basis for Comparison Branch Subsidiary
Reports to Head office Holding company
Business Branch conducts same business as parent organization. Subsidiary may or may not conduct same business as parent organization.
Separate legal standing No Yes
Accounts maintenance Either separately or jointly Separately

What is the legal status of a branch?

A Branch is a more independent entity that conducts business in its own name but still acts on behalf of the company. A Branch is not legally separate from the foreign parent company and so is also subject to the local laws governing the foreign parent company.

What is the power of secretariat?

The Secretariat carries out the substantive and administrative work of the United Nations as directed by the General Assembly, the Security Council and the other organs. At its head is the Secretary-General, who provides overall administrative guidance.

What is the job of a secretariat?

Duties of a secretariat include the implementation of policies as handed down by the governing body of an organization. The secretariat has no decision-making powers. Secretariat staff handle issues after they have been presented to, and acknowledged by, management.

What is a head office branch?

Head Office and Branch Accounts In some industries,branches of a company sell their goods independently but the accounting for these sales is performed centrally (at the head office). You can represent this type of organizational structure in the R/3 System by using head office and branch accounts.