In the context of business relationships in Japan, which of the following best describes a keiretsu?

In the context of business relationships in Japan, which of the following best describes a keiretsu?



a. It is a legal consolidation of companies into a single

entity.

b. It is a network of interlocking corporate affiliates.

c. It is a group of companies that do not have

subsidiaries in foreign countries.

d. It is a group of companies that only use natural

resources as their primary source of energy.



Answer: b. It is a network of interlocking corporate affiliates


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