What Is Meant by the Term "Keiretsu," in Relation to Partnerships

question 9

Multiple Choice

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

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

---

Definitions:

Effect Size

A quantitative measure of the strength of a phenomenon or the magnitude of a difference between groups in a scientific study, indicating the practical significance of research results.

Inconsistency

The state of being inconsistent or not staying the same across different situations or over time.

Consistency

The characteristic of being reliable or uniform over a period of time, often referred to in the context of behavior, attitudes, or performance.

Emotional Instability

A trait characterized by rapid and intense emotional changes, often part of personality disorders.