A keiretsu is a(n)
A) Japanese form of quality control.
B) Japanese form of inventory management.
C) form of information processing used by distributors.
D) integrated network of suppliers, manufacturers, and resellers.

Question

Quizplus · Accepted Answer

A keiretsu is a Japanese term describing a group or network of interconnected businesses, including suppliers, manufacturers, and distributors, that work closely together to ensure mutual success. This integrated approach helps in reducing costs, improving quality, and ensuring efficient production and distribution processes.

A Keiretsu Is A(n)