Briefly Explain the Term Keiretsu

question 23

Essay

Briefly explain the term keiretsu.

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Definitions:

Contributing Member

A contributing member refers to an individual who actively participates and adds value within a team or organizational context.

Appointed Head

A leader or executive placed in their position by a higher authority rather than through election or self-assertion.

Mentor Or Sponsor

A relationship in which an experienced individual (mentor or sponsor) provides guidance, advice, and support to a less experienced person to help them progress in their career or personal development.

Developmental Groups

Groups focused on the growth and development of their members, often through shared learning experiences, skill-building activities, or supportive interactions.