Relacionar Columnas Restructuring TerminologyVersión en línea Combine the term and its definition. por Ritva Ala-Louko 1 downsize 2 joint venture 3 spin-off 4 takeover 5 merger 6 streamlining 7 strategic alliance 8 core competence 9 divestiture A new organization or entity formed by a split from a larger company. A hostile way of gaining control over another company. An entity formed between two or more parties to undertake economic activity together. Reducing the number of employees on the operating payroll. Making a company’s operations simpler but more effective. 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. The partial or full disposal of a business unit through sale, exchange, closure, or bankruptcy. Cooperation between two or more companies aiming at better results in their operations.