In ____________________, the company arranges with a local manufacturer to manufacture parts of the product or even the entire product. The marketing of the
Product, however, is still the responsibility of the international firm.

Question

Quizplus · Accepted Answer

Contract manufacturing refers to a situation where an international firm arranges with a local manufacturer to produce parts or the entire product, while the marketing of the product is still the responsibility of the international firm.

In ____________________, the Company Arranges with a Local Manufacturer to Manufacture