The Mitsubishi Corporation is a firm that is directly engaged in importing and exporting a wide variety of goods for its own account and is a part of a keiretsu system. What type of export intermediary is it?
A) export management company
B) sogo shosha
C) freight forwarder
D) export and import broker

Question

Quizplus · Accepted Answer

The Mitsubishi Corporation fits the description of a sogo shosha, which is a Japanese term for a general trading company that is involved in a wide range of trading activities, including importing and exporting goods. These companies are often part of a keiretsu, a group of interlinked Japanese firms, sharing common interests.

The Mitsubishi Corporation Is a Firm That Is Directly Engaged