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Finance book 3 units 6-7

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  • a company that owns enough stock in a second company to control management of the second company
    PARENT COMPANY
  • the process of gaining control of a company by buying available parts of the company
    BUYOUT
  • the act of gaining control of a company or organization
    TAKE-OVER
  • the act of keeping something in a certain place for later use
    STORAGE
  • doing something in a way that doesn't waste time money or energy
    EFFICIENCY
  • operates within a company as a business partially independent from the main company
    STRATEGIC BUSINESS UNIT
  • the ongoing activities that keep a business running also known as business processes
    OPERATIONS
  • a situation in which the management of the target company doesn't agree with the takeover by another company
    HOSTILE TAKE-OVER
  • the point at which revenue and expenses are equal thus there is no profit or loss
    BREAK - EVEN POINT
  • the process by which a company ensures that its products or services meet its quality standards
    QUALITY CONTROL
  • something that makes sure things are made correctly
    CONTROL
  • a series of actions planned to accomplish a goal
    STRATEGY
  • an amount of money that the person or company is prepared to pay for something
    OFFERS
  • an offer to buy enough shares in a company for the buyer to take control of the company
    TENDER OFFER
  • the process of selling parts of the company
    DIVESTMENT
  • the process of making sure the company has the goods and materials it needs when it needs them
    INVENTORY MANAGEMENT
  • a system of activities and organizations that moves
    SUPPLY CHAIN
  • an attempt to earn or take something
    BID
  • a person that another person or company is trying to control
    TARGET
  • a system of inventory management that orders only the necessary amount of supplies
    JUST - IN - TIME APPROACH
  • a situation in which the management of the targeted company agrees with the takeover by another company
    FRIENDLY TAKEOVER
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