Whirlpond,a manufacturer of home appliances,has historically produced the components for their products.However,Whirlpond now contracts with other firms to produce these components.This strategy of ________ appears to be a trend among Canadian manufacturers.

Question

Quizplus · Accepted Answer

The strategy described in the scenario is outsourcing, which involves contracting with other firms to produce components that were previously produced in-house. This is a trend among many Canadian manufacturers as they seek to reduce costs and improve efficiency. The other choices (core positioning, foreign competency, and competitive benchmarking) do not accurately describe the strategy being used by Whirlpond.

Whirlpond,a Manufacturer of Home Appliances,has Historically Produced the Components for Their