Quistor Inc., a company based in the country of Waltefa, contracts with a small-scale supplier in the country of Carlesna to manufacture its computers and tablets across the world. This strategy by Quistor Inc. illustrates _____.
A)joint venture
B)franchising
C)exporting
D)foreign outsourcing

Question

Quizplus · Accepted Answer

This scenario illustrates foreign outsourcing, which involves contracting with a supplier in a foreign country to manufacture goods or provide services. Joint venture involves two or more companies forming a partnership, franchising involves licensing a business model to other companies, and exporting involves selling goods or services to a foreign country.