Strategic alliances 2A

It is the joining together of two separate companies or organizations so that they become one.

• consortium

• local partner

• merger

• joint venture

It is a set of planned policies and actions intended to make a company bigger or more successful.

• consortium

• local partner

• expansion strategy

• joint venture

It is a business or project in which two or more companies or individuals have invested, with the intention of working together

• consortium

• merger

• expansion strategy

• joint venture

When a company or person  buys another company or part of a company.

• acquisition

• merger

• expansion strategy

• joint venture

They are companies based in foreign countries with whom the company forms a partnership in order to start doing business in that country.

• acquisition

• merger

• expansion strategy

• local partner

It is a group of people or firms who have agreed to co-operate with each other.

• acquisition

• consortium

• expansion strategy

• local partner

To work together with someone in order to achieve a common aim.

• grow (V)

• merge (v)

• take over (v)

• join forces (phr)

To take actions that will cause a business to increase in wealth, size or importance.

• grow (V)

• merge (v)

• take over (v)

• join forces (phr)

To get control of a company, for example by buying its shares.

• grow (V)

• merge (v)

• take over (v)

• join forces (phr)

When one company combines with another one to form a single company.

• grow (V)

• merge (v)

• take over (v)

• join forces (phr)