Vertically and horizontally integrated business groups that dominate the Japanese economy are called:
A) keiretsu.
B) chaebol.
C) kaizen.
D) kanban.

Question

Quizplus · Accepted Answer

Vertically and horizontally integrated business groups that dominate the Japanese economy are called keiretsu. Chaebol refers to similar business groups in South Korea, while kaizen and kanban are concepts related to continuous improvement and manufacturing operations management, respectively.

Vertically and Horizontally Integrated Business Groups That Dominate the Japanese