Enterprise
The definition of a mother or father firm differs by jurisdiction, with the definition normally being defined by means of laws dealing with corporations in that jurisdiction. The commerce union, via its leadership, 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 enhancing the situations of their employment". This may embody the negotiation of wages, work guidelines, criticism procedures, guidelines governing hiring, firing, and promotion of employees, advantages, workplace safety and insurance policies. The efficient and effective operation of a business, and research of this subject, is known as administration. The main branches of management are financial management, marketing administration, human resource administration, strategic management, production administration, operations management, service management, and knowledge know-how administrat