Japanese Keiretsu Are

question 89

Multiple Choice

Japanese keiretsu are:

• A) management structures related to total quality management systems.
• B) company unions, which are a type of governance system.
• C) the banks owing the largest shares of stock in the firm.
• D) a system of cross-shareholding among firms.

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Definitions:

Semiannual Interest

Interest that is calculated and paid twice a year, often used in bond markets to denote the interest payments made to bondholders.

Ask Price

The lowest price a seller is willing to accept for a security in the financial markets.

Invoice Price

The price that appears on the invoice from the manufacturer to the dealer, often not reflecting the actual price a consumer pays.

Coupon Bond

A bond that pays the holder a fixed interest rate (coupon payment) over the bond's lifetime, in addition to returning the principal at maturity.