TITLE

Knowing Who You Are Doing Business With In Japan: A Managerial View Of Keiretsu And Keiretsu Business Groups

AUTHOR(S)
Lai, George Ming-Hong
PUB. DATE
December 1999
SOURCE
Journal of World Business;Winter99, Vol. 34 Issue 4, p423
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Most executives do not fully understand the notion of keiretsu or keiretsu business groups (KBG) nor the implications of dealing with a KBG member. A keiretsu is a sophisticated, multifaceted management device--not a form of organization. KBGs are not trusts, cartels, or conglomerates but groups of firms with an intricate web of inter-firm relations. Both are products of Japan's peculiar culture, history, and business system and represent the manner in which many Japanese firms conduct their collective operations.
ACCESSION #
2665987

 

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