Parallel circuits offer versatility in control, as components can be individually switched on and off using switches in each branch. Alternatively, a master switch placed between the cell and the branches allows all components to be switched on or off together. For instance, in the provided circuit diagram, closing switch S4 is necessary for any lamp to light up, while switches S1, S2, and S3 control each lamp independently. Closing S4 with all lamps off turns them all on, and opening S4 with all lamps on turns them all off simultaneously.