Ato Corporation,a member of a Japanese horizontal keiretsu,has been experiencing poor sales and no profits for three years.What can it expect?
A) Ato will survive because the Japanese market is relatively uncompetitive.
B) The keiretsu bank will continue to support the ailing firm.
C) Japan will allow Ato to cartel with competitors.
D) A hostile takeover of Ato is likely.
Correct Answer:
Verified
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