Contract manufacturing can best be defined as which of the following?
A) A foreign subsidiary produces supplies for a focal firm according to a well-defined contractual agreement.
B) A focal firm outsources the production of supplies to a third-party provider based in the home country.
C) A domestic subsidiary of the focal firm agrees to produce components for a focal firm according to contractual requirements.
D) A foreign-based independent supplier manufactures a product according to a focal firm's specifications.
Correct Answer:
Verified
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