Unit 6 Business: vocab

There are times when entering into a(n)

______

alliance might be the best option for a company if it wants to

_____

an advantage over its rivals.

• gain, strategic

• strategic , gain

• hostile, takeover

It is a ______ situation. Both companies will make a lot of profit.

The benefits ______

the costs.

Another of our competitors had previously wanted to take us over, but they didn't get the

________

approval required so it never happened.

• appropriate

• regulatory

The new alliance allows us to ____

our knowledge and_____

with each other.

• share, holder

• take, over

• share, resources

In fact, we expect a dramatic _______

of fortunes in the coming year.

We are able to build a _____

for expanding our network.

• base

• foundation

What is a hostile takeover?

What is a strategic allegiance?

Give me an example of a strategic allegiance.