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Definitions from the Web

Virtual-Keiretsus

Description:

Virtual-Keiretsus refer to virtual business networks that resemble the structure and collaboration found in Japanese keiretsus. These networks are formed by companies from different industries, working together to achieve common goals. The concept of virtual-keiretsus allows businesses to benefit from each other's expertise, resources, and networks, without the formal ties and obligations of traditional keiretsus.

Sample Sentences:

• ABC Corporation, a leading technology company, formed a virtual-keiretsu with XYZ Corporation, a well-established consumer goods manufacturer, to leverage their respective strengths in entering new markets.
• The virtual-keiretsu of small businesses successfully collaborated to organize an industry conference, pooling their expertise and resources to create a successful event.
• The automotive industry virtual-keiretsu comprises multiple companies working together to develop and implement standardized technologies, ensuring interoperability across their products.

Related Products:

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• Virtual Business Networking
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