Relier Pairs Restructuring TerminologyVersion en ligne Combine the term and its definition. par Ritva Ala-Louko 1 strategic alliance 2 merger 3 divestiture 4 downsize 5 streamlining 6 core competence 7 spin-off 8 joint venture 9 takeover Making a company’s operations simpler but more effective. A unique ability that a company acquires from its founder. It can not be easily imitated. An entity formed between two or more parties to undertake economic activity together. A hostile way of gaining control over another company. The partial or full disposal of a business unit through sale, exchange, closure, or bankruptcy. A new organization or entity formed by a split from a larger company. A voluntary fusion of two companies into one new legal entity. Reducing the number of employees on the operating payroll. Cooperation between two or more companies aiming at better results in their operations.
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