A weakness of the Japanese keiretsu system is its inability to reduce the problem of enforcing contracts between a firm and its suppliers.

Question

Quizplus · Accepted Answer

The Japanese keiretsu system, by fostering long-term relationships and mutual dependencies between a firm and its suppliers, actually helps in reducing the problem of enforcing contracts, as trust and cooperation are emphasized over strict contractual obligations.

A Weakness of the Japanese Keiretsu System Is Its Inability