Contract manufacturing is when a firm pays foreign manufacturers to produce its product.The Foreign manufacturer places the domestic company's label on the products.
Correct Answer:
Verified
Q45: The U.S. government is reducing Export Assistance
Q55: One advantage of licensing as a strategy
Q56: While franchising is popular in the United
Q62: Contract manufacturing is a form of outsourcing.
Q71: A disadvantage of creating a foreign subsidiary
Q74: One characteristic of an international joint venture
Q75: Expropriation occurs when a host government takes
Q78: Any corporation that exports at least 50%
Q79: Foreign direct investment refers to the buying
Q80: A joint venture is a partnership in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents