Менеджеры и менеджмент (Executives and Management) - 34 стр.

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Operation = a general word for a company, usually a small one, part of a large group. It also means-

activity; for example, our commercial operation.

Parent company = a company which owns another.

Partnership = two or more partners working together for profit, without limited liability.

Private company = a company whose shares are not publicly available.

Public company = a company whose shares are publicly available.

Society = a friendly association of people; for example, a sports society (society = firm).

Subsidiary (affiliate) = firm owned by a parent company.

Changes between companies

takeover (or acquisition)

A offers to buy В A has taken over В

privately, or makes

a take-over bid publicly

B accepts or resists

merger

A and В have merged

joint venture

informal association

Note: In some countries, takeovers and associations which may have too much influence on the market

(cartels), are controlled by monopoly (UK) or antitrust (US) legislation.