In March 2010 the Egypt- based Eastern Company,a cigarette manufacturer,signed a contract with Jordan's Tag Company to produce,market,and distribute Eastern's products in Jordan.This is an example of

Question

Quizplus · Accepted Answer

This is an example of contract manufacturing. Contract manufacturing is when a firm outsources the manufacturing of its products to a third-party manufacturer. In this case, Eastern Company outsourced the production, marketing, and distribution of its products to Tag Company in Jordan.

In March 2010 the Egypt- Based Eastern Company,a Cigarette Manufacturer,signed