(ぎょうむ)(ていけい)

ぎょうむていけい
noun
business alliance; operational partnership
formalbusiness
1. business alliance; operational partnership; business tie-up
A cooperative arrangement between companies to collaborate on specific business operations, share resources, or jointly develop products or services. Less binding than a merger or acquisition.
二社(にしゃ)業務(ぎょうむ)提携(ていけい)(むす)んだ
The two companies formed a business alliance.
Through this business alliance, new services leveraging both companies' technologies will be created.
We want to expand our sales channels by advancing business alliances with overseas companies.

A formal business term frequently seen in news articles and corporate announcements. Business alliances allow companies to cooperate without the complexity of mergers or capital investment.

Common collocations

Similar words