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streamlining

divestiture

strategic alliance

takeover

joint venture

merger

downsize

spin-off

core competence

A new organization or entity formed by a split from a larger company.

A unique ability that a company acquires from its founder. It can not be easily imitated.

Cooperation between two or more companies aiming at better results in their operations.

An entity formed between two or more parties to undertake economic activity together.

Reducing the number of employees on the operating payroll.

A hostile way of gaining control over another company.

A voluntary fusion of two companies into one new legal entity.

The partial or full disposal of a business unit through sale, exchange, closure, or bankruptcy.

Making a company’s operations simpler but more effective.