A strategy for going global through contractual agreements in which the production of goods or services is assigned to local companies is termed as _____.
A) sole sourcing
B) a differentiation strategy
C) an offset strategy
D) subcontracting

Question

Quizplus · Accepted Answer

Subcontracting is a strategy where a company assigns the production of goods or services to local companies in different countries as part of its global expansion efforts. This allows the company to leverage local expertise, reduce costs, and comply with local regulations more effectively.

A Strategy for Going Global Through Contractual Agreements in Which