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keiretsus

 

Definitions from the Web

Keiretsus

Description:

Keiretsus refer to a unique form of corporate organization in Japan, characterized by a network of companies with interlocking business relationships and shareholding.

Senses:

Sense 1:

Noun (Plural: keiretsus)

A Japanese business network comprised of interdependent companies with common ownership and relationships.

Example: Many keiretsus consist of a core company, its suppliers, and distributors.

Usages:

Usage 1:

Noun

In Japanese business culture, keiretsus play a significant role in ensuring long-term stability and mutual support.

Example: Toyota Motor Corporation is part of the Toyota keiretsu, a network of companies associated with Toyota.

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