"Keiretsu" Pronounce,Meaning And Examples
"Keiretsu" Natural Recordings by Native Speakers
"Keiretsu" Meaning
Keiretsu refers to a Japanese business network or conglomerate, typically consisting of a large company and its affiliated companies, banks, suppliers, and other businesses. It is a system of interconnected companies that share resources, information, and risks, and often have a strong social and historical connection. The keiretsu system has played a significant role in Japan's post-war economic growth, as it allowed companies to work together and share resources to achieve common goals.
"Keiretsu" Examples
Usage Examples of "Keiretsu"
Definition: A keiretsu is a network of businesses that are financially tied together through mutual ownership and cross-shareholdings.
Here are 5 usage examples:
1. The Japanese automaker's keiretsu with suppliers allowed it to maintain control over the supply chain.
2. The keiretsu system in Japan is known for its close relationships and loyalty between members.
3. The company's keiretsu strategy allowed it to maintain a strong sense of community and support among its employees.
4. The government's measures to reform the keiretsu system aimed to increase competition in the market.
5. The Japanese financial system, characterized by keiretsu networks, is unique in its emphasis on long-term relationships over short-term profits.
(Note: These examples are fictional, and the definitions provided are general and do not reflect any specific company or situation.)
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