Relier Pairs Restructuring TerminologyVersion en ligne Combine the term and its definition. par Ritva Ala-Louko 1 divestiture 2 spin-off 3 streamlining 4 strategic alliance 5 joint venture 6 takeover 7 downsize 8 merger 9 core competence Reducing the number of employees on the operating payroll. Cooperation between two or more companies aiming at better results in their operations. A hostile way of gaining control over another company. 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 new organization or entity formed by a split from a larger 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.
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