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:

Undercapitalization

The lack of funds to operate a business normally.

Small-Business Failure

A situation where a small-sized business is unable to continue operation due to financial, managerial, or market-related problems.