A firm that specializes in certain types of goods-producing activities, such as customized design, manufacturing, assembly, and packaging, and works for end users is called a _____.
A) third-party logistics provider
B) contract manufacturer
C) distribution center
D) vendor-managed inventory supplier

Question

Quizplus · Accepted Answer

A contract manufacturer specializes in producing goods according to the specifications provided by the end user. They provide customized design, manufacturing, assembly, and packaging services to their clients who then distribute the finished product under their own brand name. Third-party logistics providers, distribution centers, and vendor-managed inventory suppliers typically provide logistics, storage, and inventory management services, rather than specialized goods-producing activities.

A Firm That Specializes in Certain Types of Goods-Producing Activities