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