Which of the Following Refers to an Approach Implemented by Japanese

question 53

Multiple Choice

Which of the following refers to an approach implemented by Japanese unions in which the state pressures employers to improve wages to union workers in line with productivity and inflation increases?

• A) Kanban
• B) Shunto
• C) Kaizen
• D) Guanxi

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Definitions:

Preemptive Right

A shareholder’s option to purchase new issuances of shares in proportion to the shareholder’s current ownership of the corporation.

Model Business Corporation Act

A set of model laws prepared to assist states in drafting legislation to regulate the formation and operation of corporations.

Articles of Incorporation

The primary document required to register a corporation with a state, detailing the fundamental aspects of the company, such as its name, purpose, and structure.

Share Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, although the overall value of the shares remains the same.