asked 198k views
5 votes
If The Limited Company relies on hiring a foreign textile manufacturer to produce a

designated amount of clothing for its Express, Limited, and other stores, it is using

a. exporting.
b.franchising.
c. contract manufacturing.
d. a joint venture.
e. licensing.

asked
User Dashton
by
7.9k points

1 Answer

4 votes

Answer: Contract manufacturing.

Step-by-step explanation:

Contract manufacturing is the outsourcing of some production activities that were formerly done by the producer to a third party. An organization may outsource certain parts for a product.

Contract manufacturing is the practice of giving out part of a work to outside sources rather than completing all the work within the company. It results in lower expenses and costs.

answered
User Nixnotwin
by
8.3k points
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