If a firm lacks expertise to manufacture an item, they may consider which reason for outsourcing?

Name: If a firm lacks expertise to manufacture an item, they may consider which reason for outsourcing?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If a firm lacks the technology or expertise to manufacture an item, outsourcing the production process to a specialized third-party vendor would be a wise choice. The vendor would have the required expertise, technology, and equipment to manufacture the item efficiently, reducing costs for the firm.

If a Firm Lacks Expertise to Manufacture an Item, They