Answered

At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

A top executive from Toyota sits on the boards of the Tomo Tire Co., which manufactures tires for Toyota automobiles. Toyota and Tomo Tire Company trade with each other whenever possible and work together in product development, finance, and marketing. This is an example of _______.

Sagot :

jayilych4real

This given scenario is an example of keiretsu.

What is a Keiretsu?

This refers to the conglomerate of businesses that are linked together based on shared holdings and is a popular business term in Japan.

Hence, we can see that based on the given scenario about the business partnership between Toyota and Tomo Tires, they work together on product development, finance, and marketing. This is an example of a keirestsu.

Read more about Keiretsus here:

https://brainly.com/question/23874305

#SPJ4

We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.