Relier Pairs Restructuring TerminologyVersion en ligne Combine the term and its definition. par Ritva Ala-Louko 1 divestiture 2 downsize 3 takeover 4 merger 5 core competence 6 strategic alliance 7 joint venture 8 spin-off 9 streamlining Cooperation between two or more companies aiming at better results in their operations. A unique ability that a company acquires from its founder. It can not be easily imitated. A voluntary fusion of two companies into one new legal entity. Reducing the number of employees on the operating payroll. 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. Making a company’s operations simpler but more effective. A new organization or entity formed by a split from a larger company.
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