Keiretsu is the term for:

Question

Quizplus · Accepted Answer

Keiretsu is a term used in Japan to describe a vertical integration of firms that are linked together in a social and economic bond. This bond is typically between producers and intermediaries, such as suppliers, distributors, and banks. The purpose of the keiretsu is to create a tight-knit network of companies that work together to support each other's business interests. The keiretsu system is unique to Japan and is seen as a way to promote stability and loyalty within the business community.

Keiretsu Is the Term For