In Relation to Partnerships Between Local and Multinational Companies,what Is

question 4

Multiple Choice

In relation to partnerships between local and multinational companies,what is meant by the term "keiretsu"?

• A) A type of offshore partnership in which the strengths of outside firms is combined with those of firms in developing countries.
• B) A type of industrial district in which an attempt is made to encourage foreign investment.
• C) A group of businesses in which each individual business has a stake in the others.
• D) A partnership with one local and one multinational company in an information and communication technology project.
• E) An agreement between a local and a multinational company to equally share in profits and losses.

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Definitions:

Congressional Legislation

Laws and statutes passed by the United States Congress, which consists of the Senate and the House of Representatives.

Constitutional Amendments

Changes or additions made to the U.S. Constitution, requiring a significant consensus for ratification as outlined in the document itself.

Hierarchically Structured

Organized in a way that each level is ranked above or below others, typically referring to systems of organization within corporations or institutions.

Public Bureaucracies

Organizational structures within the government responsible for implementing laws and policies, consisting of non-elected officials and agencies.