Companies that contract with a foreign firm to manufacture products according to stated specifications are using
A) direct exporting.
B) indirect exporting.
C) joint ventures.
D) contract manufacturing.
E) contract assembly.

Question

Quizplus · Accepted Answer

Contract manufacturing involves outsourcing the manufacturing process to a foreign firm based on set specifications. This allows the contracting company to focus on other aspects of the business such as marketing and distribution.

Companies That Contract with a Foreign Firm to Manufacture Products