Kaarten: Unit 6 -- alliances | Quizlet

strategic alliance (with sb)

a formal arrangement between organizations or countries to work together to achieve something

agreement

the situation in which people have the same opinion, or in which they approve of or accept something

codeshare agreement

an arrangement between two or more airlines in which one company operates a flight and another company or other companies can sell seats on it, using their own flight number

airline

a business that operates regular services for carrying passengers and/or goods by aircraf

provide a service

to supply or make available (something wanted or needed)

passenger

a person who is travelling in a vehicle but is not driving it, flying it, or working on it

goods

things for sale, or the things that you own

competitor

a person, team, or company that is competing against others

competitive

involving competition

knowledge

understanding of or information about a subject that you get by experience or study, either known by one person or by people generally

resources

a useful or valuable possession or quality of a country, organization, or person

expertise

a high level of knowledge or skill

expand your reach

increasing the market share, and geographic availability of the business's products and services

destination

the place where someone is going or where something is being sent or taken

objective

something that you plan to do or achiev

pursue (business) objectives

the action of attempting to achieve a particular goal

market leader

the company that sells most of a product or service in a particular market

network

a large system consisting of many similar parts that are connected together to allow movement or communication between or along the parts, or between the parts and a control centre

partner

a person or organization you are closely involved with in some way

partnership (with sb)

the state of being a partner

potential (for sth)

the possibility of something developing or happening in a particular way

cooperation

the act of working together with someone or doing what they ask you

sums (of money)

Amounts of money

domestic

relating to a person's own country

investment

the act of putting money, effort, time, etc. into something to make a profit or get an advantage, or the money, effort, time, etc. used to do this

To outweigh

to be greater or more important than something else

acquisition

the process of getting something

To acquire

to get or obtain something

takeover

a situation in which a company gets control of another company by buying enough of its shares

To take over

to start doing a job or being responsible for something that another person did or had responsibility for before

joint venture

a business or business activity that two or more people or companies work on together

long-term

continuing a long time into the future

regulatory approval

the process through which a health authority evaluates and authorizes a vaccine or medical treatment for public use

equity stake

the part of a company that a person or organization owns, represented by the number of shares they have

shareholder

a person who owns shares in a company and therefore gets part of the company's profits and the right to vote on how the company is controlled

synergy

the combined power of a group of things when they are working together that is greater than the total power achieved by each working separately

turnaround

the amount of time that it takes for a piece of work to be done, a product to be supplied, etc.

win-win

result is one that is good for everyone who is involved

domestic market

the number of customers who buy or may buy products and services offered by companies within their own country

gain an advantage (on sb)

something that puts you in a better position than other people

build a foundation

to produce the basic ideas or structures from which something much larger develops

strong presence (in a market)

powerful; having or using great force ...

share knowledge and resources

the process of exchanging information between people, teams, or organizations

greater access (to sth)

comparative of good: of a higher standard, or more suitable, pleasing, or effective than other things ...

expand your business

when a business requires growth to increase avenues for generating revenue and profits

business partnership

a legal agreement between two or more entities that determines shared ownership and operation of a business

brand

a type of product made by a particular company and sold under a particular name

trademark

a name or symbol on a product that shows it was made by a particular company, and that it cannot be used by other companies without permission

efficiency

the quality of achieving the largest amount of useful work using as little energy, fuel, effort, etc. as possible

leadership

the set of characteristics that make a good leader

management structure

he way in which the management of a company is organized

ownership

the fact that you own something

stakeholder

an employee, investor, customer, etc. who is involved in or buys from a business and has an interest in its success:

technology

(the study and knowledge of) the practical, especially industrial, use of scientific discoveries

merger

a situation when two or more companies, organizations, departments, etc. join together

To merge (with)

to combine or join together, or to cause things to do this

friendly (acquisition/takeover)

relating to situations in which the owners or directors of a company are willing to sell it to another company that wants to buy it

hostile (acquisition/takeover)

relating to a situation in which one company wants to buy another company whose owners do not want to sell it

pre-defined

decided, set, or arranged before something is done

mutually beneficial

all parties derive value and see a positive outcome from the relationship

form a (new) company

to set up a company

share

one of the units that the ownership of a company, fund, etc. is divided into and which can be bought by members of the public

To reissue

to produce something again or to make it available again

lecturer

someone who teaches at a college or university

lawyer

someone whose job is to give advice to people about the law and speak for them in court

asset

something that is owned by a person, company, or organization, such as money, property, or land

join forces (with sb)

to become a member of a club, etc., or to start working for a company or an organization

retreat from a strategic alliance

To stop working together after an arrangement

To reallocate

to change the way that something is given or shared between people, groups, or organizations

To consolidate

o become or make something stronger or more successful

To consult (sb/sth)

to discuss something with someone before you make a decision

To buy out

to buy a part of a company or building from someone else so that you own all of it

To shy away (from sth)

to avoid something that you dislike, fear, or do not feel confident about

at all costs

If something must be done or avoided at all costs or at any cost, it must be done or avoided whatever happens, even if it is very difficult or causes a lot of problems

take the credit for sth

to claim or accept praise, approval, or honour for something

bad blood (between people)

feelings of hate between people because of arguments in the past

client

a customer or someone who receives services

assertive

behaving confidently and not being frightened to say what you want or believe

collaborative

involving two or more people or organizations working together for a particular purpose

reach a compromise

an agreement in an argument in which the people involved reduce their demands or change their opinion in order to agree

open (a lot of) doors (to/for sth)

to make things possible that were not possible before

on good terms

to achieve a state in which one is getting along well with the person/people in question

raise an issue

to bring up an issue by one side of the other in a legal dispute

To fall out (with sb over sth)

to have an argument or disagreement that ends a relationship

a bad move

mistake, wrong move

run the show

to be the leader, who is in control of a group of people doing something

run on fumes

to have almost reached a point where you are unable to continue, because you have almost no energy, money, etc. left

burn your bridges

to do something that makes it impossible to return to the previous situation later

inevitable

certain to happen and unable to be avoided or prevented

inevitably

in a way that cannot be avoided

perfectionist

a person who wants everything to be perfect and demands the highest standards possible

fail fast principle

to test your assumptions and ideas as quickly and cheaply as possible, before investing too much time, money, or resources into them

budget

a plan that shows how much money an organization expects to earn and spend during a particular period of time, and how it will spend its money

To budget (for sth)

to plan how much money you will spend on something

To commission (a project)

to ask someone do a particular piece of work for you

construction

the process or business of building large objects such as buildings, roads, bridges, etc.

construct

to build something or put together different parts to form something whole

despite

without taking any notice of or being influenced by; not prevented by

contractor

a person or company that signs a contract to supply materials or workers to perform a service or a job

background check

an examination of someone's past, especially their educational and work history and whether they have ever committed any crime, in order to see if they are suitable for a job or position