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12.Strategic alliance of enterprises can take place in the same industry or in different industries.
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11.Personnel restructuring means layoff.
10.When the merger and acquisition goal of the acquirer company is to acquire the professional skills of the target company and use the skills to create more value for the home country company/acquirer company's country or market, this process is called forward internationalization.
9.Horizontal mergers and acquisitions refer to mergers and acquisitions between enterprises in different links of the industrial value chain, which can integrate the upstream and downstream supply chain relationships of enterprises. For example, Taiwan's Hon Hai Precision Industry announced its acquisition of Japan's Sharp Company, which is a horizontal merger.
8.The main way for enterprises to achieve external growth is through self-development and construction with their own funds.
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