Matching Pairs Restructuring TerminologyOnline version Combine the term and its definition. by Ritva Ala-Louko 1 core competence 2 divestiture 3 strategic alliance 4 takeover 5 streamlining 6 merger 7 spin-off 8 downsize 9 joint venture 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. 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. 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. An entity formed between two or more parties to undertake economic activity together.
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