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The most effective defense against a hostile takeover is the poison pill strategy.
Joint Venture
A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task, such as a new project or any other business activity.
Licensing
The process of granting official permission to an individual or entity to perform certain activities or use specific intellectual properties.
Decentralized Authority
An organizational structure in which decision-making powers are distributed throughout various levels rather than being concentrated at a single point.
Multinational Venture
A business enterprise that involves partnerships or investments across multiple countries, highlighting global collaboration and expansion.
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