Under management contracting, a domestic firm ________.
A) adopts management know-how from a foreign company
B) manufactures the products of a foreign company
C) exports its products to a foreign company
D) provides financial capital to a foreign company
E) exports management services to a foreign company

Question

Quizplus · Accepted Answer

Under management contracting, a domestic firm exports management services to a foreign company. This involves providing managerial expertise, technology, and know-how to help the foreign company improve its operations and performance. The domestic firm does not manufacture or export products, nor does it provide financial capital to the foreign company.

Under Management Contracting, a Domestic Firm ________