Which of the following is most likely a benefit of contract manufacturing?
A) Investing companies have complete control over the foreign manufacturer's processes.
B) Investing companies gain significant profits from handling the manufacturing of products.
C) Investing companies that are new entrants in international markets get a chance to start faster.
D) Investing companies provide new jobs in their home countries by developing manufacturing facilities.
E) Investing companies do not require the services of an overseas marketing organization or network.

Question

Quizplus · Accepted Answer

Contract manufacturing allows investing companies to begin manufacturing their products in new international markets quickly, without having to build their own manufacturing facilities from scratch. This can help new entrants gain a foothold in the market faster than they would be able to do otherwise.

Which of the Following Is Most Likely a Benefit of Contract