EBL Industries ________ its products in foreign countries, where labor is less expensive and production sites are owned by other companies. This strategy allows EBL Industries to experiment in new markets without incurring the large start-up costs involved with building its own production facilities.
A) contract franchises
B) pays governments to market
C) globally licenses
D) contract manufactures

Question

Quizplus · Accepted Answer

Contract manufacturing involves the production of private-label goods by a foreign company to which a domestic company then attaches its own brand name or trademark.

EBL Industries ________ Its Products in Foreign Countries, Where Labor