A firm that
spends twice as much on research and development and employs
twice as many technical employees as the average U.S.
manufacturing firm.
The sector of
the economy consisting of jobs that involve providing a service
rather than creating a tangible product.
Service
industries that provide information for a fee. Examples are law,
accounting, and data processing.
The purchase
of one company by another.
The union of
two companies to form a single new business.
A
collaboration between two or more organizations or an
international business arrangement in which a foreign company
finds a partner in the country in which it would like to begin
business. The company and its partner(s) then contribute
approximately equal amounts of resources and capital to the new
business. Also called a joint venture.
A merger
between two companies in the same industry.
A merger in
which one of the companies is a supplier to or customer of the
other.
A merger of
two firms in completely unrelated
businesses.
An acquisition
in which the acquired company welcomes the merger.
An acquisition
in which the acquiring company buys enough of the other
company's stock to take control, even though the other company
opposes the takeover.
A buyback of a
company's stock at a large profit to one or more investors who
are threatening a hostile takeover of the firm
Investors who
acquire a large block of a company's stock and initiate a
hostile takeover.
The
establishment of governmental rules that restrict business
activity.
The
elimination of governmental rules that restrict business
activity.
A person hired
by a company or industry to represent its interests with
government officials.
An
organization dedicated to assisting and promoting the interests
of its members.
A political
fund raising group that accepts contributions and distributes
them to candidates for political office.
Activism on
the part of consumers seeking better value from businesses.
The legally
protected rights of consumers to purchase the products they
desire, to safety from the products they purchase, to be
informed about what they are buying, and to be heard in the
event of problems.
A negative
balance of trade; the situation in which a country's imports
exceed its exports.
A positive
balance of trade; the situation in which a country's exports
exceed its imports.
