The keiretsus system forced member companies to be highly efficient and profitable,and loss-making companies were closed down.

Name: The keiretsus system forced member companies to be highly efficient and profitable,and loss-making companies were closed down.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The keiretsu system in Japan fosters long-term relationships between companies, including financial support during difficult times, rather than forcing efficiency and profitability with the threat of closure.

The Keiretsus System Forced Member Companies to Be Highly Efficient