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| Customer served at multiple sites around the world , but that negotiate centrally |
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| Strategy of realising synergies between operations at different locations |
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| Strategy of delivering locally adapted products in each market |
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| Strategy of exploiting differences in prices in different markets |
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Definition
| The transfer of the control of operations and management from one firm ( target) to another ( acquirer) , the former becoming a unit of the latter |
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| The combination of operations and management of two firms to establish a new legal entity |
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| Value created by combining two organisation that together are more valuable than the two organisations separately |
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| A manager's overconfidence in his or her capabilities |
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| Collaborations between independent firms using equity modes, non-equity contractual agreements or both |
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| A JV in which existing business units from two firms are merged |
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| A form of strategic alliance that includes collaboration in operations , market or distribution |
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| The difference between the acquisition price and the market value of target firms |
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| The assessment of the target firm's financial status, resources and strategic fit |
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| The effective matching of complementary strategic capabilities |
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| The similarity in cultures systems, and structures |
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