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