6.2 Flashcards
(27 cards)
business partnership
a legal agreement determining shared ownership and operation of a business
brand
a type of product under a particular name
trademark
a legally registered symbol or word for a company or product
efficiency
the state or quality of being useful
leadership
the action of leading a group or organization
management structure
how roles, power, and responsibilities are organized
ownership
the act, state, or right of possessing something
stakeholder
a person with an interest or concern in something
technology
the application of scientific knowledge for practical purposes
merger
a combination of two things, especially companies, into one
merge (with)
to join together
friendly (acquisition/takeover)
kind and pleasant transition of ownership
hostile (acquisition/takeover)
unfriendly or opposed transition of ownership
pre-defined
established in advance
mutually beneficial
when both groups benefit from collaboration
form a (new) company
to establish a business entity
share
one of the equal parts into which company capital is divided
reissue
to make a new version available for sale
lecturer
someone who gives lectures, especially in higher education
lawyer
a person practicing or studying law
asset
a useful or valuable person or thing
join forces (with sb)
to collaborate on a project
retreat from a strategic alliance
to withdraw from a corporate collaboration
reallocate
to allocate again or differently
