A group of businesses that use a partnership between local and multinational companies in which each individual business has a stake in the others is known as:
A) groupings
B) foreign investments
C) keirestu
D) multinational
E) investment grouping

Question

Quizplus · Accepted Answer

Keiretsu refers to a unique Japanese business structure where companies form alliances across various industries, often including both local and multinational entities, with cross-shareholdings to protect against hostile takeovers and foster long-term business relationships.

A Group of Businesses That Use a Partnership Between Local