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.
Correct Answer:
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