Asked by Smitty Hendrix on Jun 25, 2024

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Keiretsus offer a middle ground between few suppliers and vertical integration.

Keiretsus

A Japanese term for a group of affiliated companies that form a tight-knit alliance to work toward mutual business goals.

  • Identify key strategies in supply-chain management including many-suppliers, few suppliers, vertical integration, and keiretsus.
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SB
Siddiq BalochJun 27, 2024
Final Answer :
True
Explanation :
Keiretsus are Japanese business groups composed of a core company and its affiliates. These affiliates, which can range from suppliers to distributors, are often exclusive partners with the core company. This allows for a middle ground between having few suppliers (which can lead to dependence and vulnerability) and full vertical integration (which can be costly and limit flexibility).