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Discuss the financial implications of the returns management process.
Blanket Order
A long-term purchase commitment to a supplier for items that are to be delivered against short-term releases to ship.
Keiretsu
A set of companies with interlocking business relationships and shareholdings in Japan, forming a tight-knit alliance to work toward mutual success.
Company Coalition
A strategic alliance or partnership between companies aimed at achieving a set of common objectives or enhancing competitive advantage.
Japanese Concept
Management and production practices originating in Japan that emphasize efficiency, continuous improvement, and worker involvement, such as Kaizen and Lean Manufacturing.
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