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core competence

merger

spin-off

takeover

joint venture

downsize

divestiture

strategic alliance

streamlining

Reducing the number of employees on the operating payroll.

Making a company’s operations simpler but more effective.

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.

The partial or full disposal of a business unit through sale, exchange, closure, or bankruptcy.

A voluntary fusion of two companies into one new legal entity.

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.

An entity formed between two or more parties to undertake economic activity together.