Business Studies

Which of the following industry(ies) is/are example(s) of Contract Manufacturing?


ANSWER

All of the above


SOLUTION
Contract manufacturing is an approach to international marketing in which a business pays, a foreign business to manufacture its product and market it in a foreign country, under the domestic businesses' name. For example, Nike use contract manufacturers in South East Asia to produce their sporting goods.
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Single Correct Medium Published on 18th 08, 2020
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