Examlex
When line managers in an organization encounter issues that a staff member with specialized expertise can assist with, the staff member they consult with has ___ authority.
Merger
The combination of two or more companies into a single corporate entity, with the newly formed organization often taking on a new name.
Strategic Alliance
A formal arrangement between two or more companies to undertake mutually beneficial business activities while retaining their independence.
Cooperation
The process of working together to the same end, often seen in strategic partnerships between businesses or teams to achieve common goals.
Joint Goal
A common objective or target shared by multiple parties, often requiring collaborative effort and coordination to achieve.
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