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What Is Meant by the Term "Keiretsu," in Relation to Partnerships

Question 38

Multiple Choice

What is meant by the term "keiretsu," in relation to partnerships between local and multinational companies?


A) An agreement between a local and a multinational company to equally share in profits and losses.
B) A group of businesses in which each individual business has a stake in the others.
C) A type of industrial district in which an attempt is made to encourage foreign investment.
D) A type of offshore partnership in which the strengths of outside firms is combined with those of firms in developing countries.
E) A partnership with one local and one multinational company in an information and communication technology project.

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