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Keiretsu |
Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson | 0.06 sec. |
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Keiretsu A network of Japanese companies organized around a major bank. The term is also used outside of Japan to describe how a large corporation with many subsidiaries and associated firms can manipulate revenues. For example, firm A and B are controlled by firm C. Firm A is forced to buy its input from firm B at a high price. As a result, A is unprofitable and B is very profitable. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| employees, their corporate shareholders, keiretsu suppliers). Dilts started Maverick in March after having spent five years with the Keiretsu Forum, which distributed $53 million to more than 75 firms, mainly from the high-tech sector. Many people concluded that the keiretsu structure of the Japanese supply model was one of their primary competitive advantages vs. |
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