In business, this is a product, remote office, employee, etc., who doesn't get respect. The moniker stems from the popular slang phrase "beat you like a
red-headed stepchild." Often times,
the disrespect is undeserved.
If a product is an embarrassment to a company, it is
the company's red-headed stepchild.
The satellite office was outperforming the head office statistically, but because it created work for people in the head office, it was treated like a
red-headed stepchild.
Because the
Edsel didn't sell well, it became
Ford's red-headed stepchild.