The scope of this commandment goes beyond our parents to all our so-called 'elders and betters', including our teachers, pastors and employers, and those in authority over us. At the same time, when God delegates his authority to human beings and institutions, they have no liberty to use it to justify tyranny.
Authority is never absolute.
If, therefore, the human person or structure should abuse its God-given authority in defiance of God, our duty is not to submit, but to resist.