The World Trade Organisation (WTO) is an international organisation designed by its founders to supervise and liberalise international trade to offer a world trading system.
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A merger is a combination of equals which is often pursued to achieve economies of scale, increase market share, and enhance competitiveness.
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Strategic alliances can be the result of a variety of business arrangements including acquisitions, joint ventures, mergers and licensing agreements.
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Joint Venture are strategic partnerships between two or more companies, which come together to create a new business entity that is legally distinct from its parent companies.
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Commercial policy refers to a set of regulations and guidelines that govern trade. Every country has its policies for trade, which are formulated by public officials to suit their nation’s needs.
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Franchising refers to a form of a business model that involves the practice of using another person’s business philosophy. This method allows people to operate a business under an established brand and a proven organisation system.
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