Business Studies

Which is the first step in the process of Contract Manufacturing?


ANSWER

Customer places a sales order


SOLUTION
A contract manufacturer is a manufacturer that contracts with a firm for components or products. It is a form of outsourcing. A contract manufacturer performing packaging operations is called co packer or a contract packager.
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 201
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Avon/Oriflame/Tupper ware/Amway are examples of ________.
  • A. franchising
  • B. BPO
  • C. KPO
  • D. network marketing

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
For promoting the export, the government has set up
1. The Central Advisory Board on Trade
2. The Trade Development Authority
3. The Federation of Indian Export Organisation
4. Commodity Boards
Which is correct?
  • A. 1 and 3
  • B. 2 and 4
  • C. 1, 3 and 4
  • D. all the above

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
Liaison office acts as a communication channel between ________.
  • A. foreign corporation and Indian customers.
  • B. foreign corporation and educational institutes.
  • C. foreign corporation and art galleries.
  • D. none of the above.

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
Main objectives of the EXIM Bank is/are ________________.
  • A. to encourage project exports
  • B. to finance Indian joint ventures abroad
  • C. to deal in foreign exchange
  • D. all the above

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
In ________, a firm itself approaches the overseas buyers/ suppliers and looks after all the formalities related to exporting/importing activities.
  • A. direct exporting/importing
  • B. indirect exporting/importing
  • C. contract manufacturing
  • D. none of the above

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer