core competence
spin-off
downsize
joint venture
streamlining
merger
divestiture
takeover
strategic alliance
An entity formed between two or more parties to undertake economic activity together.
A hostile way of gaining control over another company.
A new organization or entity formed by a split from a larger company.
Cooperation between two or more companies aiming at better results in their operations.
Making a company’s operations simpler but more effective.
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.
Reducing the number of employees on the operating payroll.
A voluntary fusion of two companies into one new legal entity.
