Business glossary

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Kanban System - A Japanese just-in-time inventory system that makes use of cards to signal the need for more raw materials or supplies.

Keiretsu - Collaborative groups of vertically and horizontally integrated firms with extensive share cross-holdings and with a major Japanese bank or corporation at the center.

Keystone - Setting a retail price at twice the wholesale price.

Kyoto Protocol - A multilateral environmental agreement. Its goal is to control global warming by reducing greenhouse gases emitted into the Earth's atmosphere.