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Unit 6.1. Strategic Alliances
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pursue business ob_ _ _t _ _ _ s
objectives
broader n _ tw_ _ k
network
id _ _ l partner
ideal
market l _ _ _ _ r
leader
ac _ _ ss to markets
access
codeshare ag _ _ _ m _ _ t
agreement
continuing for a long period of time, or relating to what will happen in the distant future
long-term
the additional effectiveness when two or more companies or people combine and work together
synergy
a business activity which two or more companies have invested in together and work on together
joint venture
when one company takes control of another by buying more than half its shares
takeover
a situation or solution that will end well for everyone involved in it
win-win
when one company buys another one or part of another one
acquisition
the percentage of shares that a person or organisation owns in a business
equity stake
a complete change from a bad situation to a good one
turnaround
when a plan or decision is accepted by an official power which has control over activities and makes sure they are done in a satisfactory way
regulatory approval
someone who owns shares in a company or business
shareholder
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