Keiretsu controls more than one-fourth (1/4) of the assets in Japan.What cultural value is reflected in this business structure?
A)Professionalism
B)Optimism
C)Collectivism
D)Conservatism

Question

Quizplus · Accepted Answer

Keiretsu is a form of business grouping in Japan that reflects collectivism, wherein inter-affiliated companies work together and support each other. Keiretsu controls more than one-fourth of the assets in Japan, which indicates the importance of cooperation and collaboration in Japanese culture.

Keiretsu Controls More Than One-Fourth (1/4) of the Assets in Japan.What