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